Commercial Property Pricing, Sales Gains Continue In First
Quarter
CoStar Repeat Sale Index: Pricing Momentum Increased Across Property Types and Regions Amid
Broad-Based Recovery in Occupany, Absorption, Rents
Strengthening fundamentals in all major...
More
Commercial Property Pricing, Sales Gains Continue In First
Quarter
CoStar Repeat Sale Index: Pricing Momentum Increased Across Property Types and Regions Amid
Broad-Based Recovery in Occupany, Absorption, Rents
Strengthening fundamentals in all major property types and across U.S. regions bolstered continued
gains in commercial real estate pricing and transaction activity in the opening months of 2014,
according to the new CoStar Commercial Repeat Sale Indices (CCRSI) report.
Vacancies have fallen to within 100 basis points of pre-recession levels in the office and retail
sectors and are now lower than pre-recession levels for industrial property, according to this
month's CCRSI report analyzing data through March and first-quarter 2014.
Driven by an uptick in transaction activity in March, first-quarter sales volume was up 33% from a
year ago, logging an aggregate sale pair volume of $16 billion for the quarter.
First-quarter 2014's investment activity was 33% higher than the first qu
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