Looking back to October – Investment Report
We are going to step back to October and review the on-again, off-again investment market. And for October it was on again. Two transactions worth discussing are the sale of the Mopar Building for $10.9 million or $31 psf and the sale of the AmTrust building (which NAI Daus represented both the buyer and seller in this transaction) for $2.1 million.
So are buyers more confident in their ability to obtain financing? Only time will tell. As the holidays are coming and the year will be coming to a close we can only look into 2011 and what it will bring for the commercial real estate market. Read more…
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