FLORHAM PARK, NJ—Commercial real estate investment activity so far this year has been robust across the board, says José Cruz, senior managing director, HFF, and demand for hard assets is likely to continue throughout the rest of the year.
To date, 2015 has been different from years past because we are seeing investment activity in all product types – multifamily, retail, industrial and even office,” Cruz tells GlobeSt.com exclusively. “In prior years, the activity was mainly driven by multifamily given the stability of the asset class and the year-long leases which allowed for rent increases in an expanding economy.”
Through June 2015, multifamily continued to dominate, says Cruz, with expectations for a record year in transaction volume.
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