Industrial Transactions Rise Slightly, but Owners Averse to Distressed Sales
Commercial Property News reports: August saw the sales of significant industrial properties jump slightly from the previous month, but price tags for such assets were lean, according to Real Capital Analytics Inc.’s latest Capital Trends Monthly report on the sector. The value of closed transactions came in at only $1.6 billion, and while another $1.5 billion worth of deals were under contract at the beginning of September, given the fiscal crisis, the future of some deals that haven’t closed yet may be up in the air.
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Posted by: Nina Turner