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Interest Across CRE Assets Is Growing
Tags: BUSINESS

Interest Across CRE Assets Is Growing

New data from Real Capital Analytics finds that investor interest across all commercial real estate asset classes is growing, but suburban assets are seeing the most interest.

In fact, suburban office growth grew to a 3.6% annual pace in March, while urban assets declined by 2.4% year-over-year.

High-end assets across established markets saw $10.5 billion in quarterly sales, with Dallas, Manhattan and San Francisco accounting for almost 25% of the total sales.

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Overall CRE activity grew in March, with most sectors seeing increased volume. While deal volume was up 11% year-over-year during this time, deal activity was actually down 30% compared to the first quarter.

Sales across the office, industrial and multifamily sectors all increased, while the hotel industry saw an even higher spike. The sales of individual properties within the industrial sector reached a record of $14.4 billion the first quarter of this year, with Dallas leading constructions at 67% year-over-year.

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

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