Third Quarter Commercial Transactions

From the National Association of Realtors, “commercial transactions have slowed in the third quarter of the year, after strong gains at the onset of 2015. The volume of commercial sales in Large Commercial Real Estate (LCRE) markets totaled $115 billion, a 3.0 perfect year-over-year increase, according to Real Capital Analytics (RCA). The third quarter data marked a noticeable slowdown in deal momentum for LCRE markets, with September’s sales volume dropping 10 percent year-over-year. In comparison, sales volume advanced 49 percent in the first quarter and 23 percent in the second quarter.”