Retail led an unbalanced sales volume month in February for commercial real estate's asset classes, according to a report last week from Colliers.
Overall, February's volume totaling $25.1 billion was up nearly 34% from January sales levels, an above-average month-to-month increase.
Retail was the most heavily traded asset class in February, with $9.1 billion of activity, buoyed by the take-private deal of STORES Capital REIT. (Without it, the volume would have been $2 billion, and it would have fallen to a similar extent as other asset classes).
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