By Barbara Murray
Commercial real estate investment activity remains muted, but total sales saw a 33.9 percent quarter-over-quarter increase, according to CBRE’s U.S. Capital Markets Figures Q3 2020 report. A total of $6.1 billion in transactions was completed.
The change in the U.S. market mirrors that seen on the global stage, where commercial real estate investment also increased quarter-over-quarter. Despite the quarter-over-quarter increase in investment volume across all sectors in the U.S., however, year-over-year investment volume remained negative in the third quarter, declining by 60.4 percent due to continued pandemic-related logistical challenges and market uncertainty. ”