Commercial investments mirrored the global uncertainty in 2016, with a 16 percent decline year-over-year, on total volume of $826 billion, according to Real Capital Analytics (RCA).
Commercial investments in large capitalization U.S. markets totaled $489 billion, representing an 11 percent drop from the prior year.
With rising demand across all property types, vacancies continued on a downward path. As an exception, apartment properties experienced upward pressure on vacancies as rising new supply came on the market during the year.
Commercial rents advanced for all property sectors, with industrial posting record gains during the year