Crain's Chicago Business / October 23rd, 2017
Crain’s Chicago Business reports: After two years of real estate investors trading properties at a frenetic pace, deal volume in the Chicago area is finally slowing down.
Sales of commercial properties year to date through August were down 20 percent from the same period in 2016, to $9.8 billion, according to New York-based research firm Real Capital Analytics.
While nearly $10 billion is still far more action than there was coming out of the Great Recession, it’s the lowest amount spent on office, industrial, retail, apartment and hotel properties in the market through the first eight months of the year since 2014.
Read the full article on Crain’s Chicago Business: Chicago-area Commercial Property Sales Slow