At $809 billion, commercial property sales in 2021 were more than twice the 2020 amount and well above the prior record of $600 billion in 2019.
Analysts said 2022 looks poised for strength again, with higher interest rates the main headwind.
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Investors buying apartment buildings, warehouses and travel lodgings sent U.S. commercial property sales flying to a record high last year, according to Real Capital Analytics data. So reports Realtor Magazine.
At $809 billion, commercial property sales in 2021 were more than twice the 2020 amount and well above the prior record of $600 billion in 2019.
Analysts said 2022 looks poised for strength again, with higher interest rates the main headwind.