ATLANTA—It's been 10 years since the financial crisis delivered a major blow to the US real estate market. The commercial real estate market's resilience has been severely tested and there were serious concerns even after the 2015 post-recession peak that things could get ugly once the dreaded 2016 and 2017 wall of loan maturities would come into view.

Using office sales data from Yardi Matrix and Moody's loan stats, Commercial Cafe analyzed the last 20 years of the US office sales market, from 1997 to October 28th, 2017. There are several noteworthy takeaways that relate to Atlanta.

“The last 20 years have been rather eventful in the world of commercial real estate, Commercial Cafe research analyst Ionut Ciutac tells GlobeSt.com. “If we look at the list of top 20 markets for office investments, there has been quite a reshuffle. Some markets only rose or dropped by one place—like San Francisco or LA—while others have experienced major changes. Chicago dropped three places, Dallas rose by six points.”