Dr. Gleb Tsipursky – The Office Whisperer
Nirit Cohen – WorkFutures
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Jonathan Price – CRE & Flex Expert
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.
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.
