Sales activity has picked up in the midyear, and it is showing. Many professionals in the industry are reporting a summer rise in transaction volume—typically at a time of the year with activity slows for vacations. This week, the transaction volume was strong, with significant acquisitions and capital markets activity across asset classes and in diverse Southwest markets. Overall, industrial and multifamily product seems to continue to dominate, and the outlook for both sectors is strong through the end of the year, which means we will likely seem more deal activity like this. Additionally, employment activity ticked up slightly after a small slowdown with no announcement for the past couple of weeks. Below are a round up of the most noteworthy sales from the week, as well as a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

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