2005 Investment Grade Real Estate Sales
A total of $268 billion of investment grade commercial real estate sold in 2005 (properties valued over $5MM). This was a 44% increase over 2004. Here are the numbers for the major property sectors.
Office: $99.7 billion up 34%;
Multifamily: $87 billion up 72% ;
Industrial: $34.5 billion up 65% ;
Retail: $46.4 billion up 16%; -
2006 early numbers indicate another record year with ample capital available for growth in each market.