Commercial real estate investment sale hold steady and stable in first half of 2019

Deals for Gulf Coast commercial properties show little sign of cooling off as compared to similar period in 2018.

  • By Kevin McQuaid
  • | 3:20 p.m. August 2, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — The deal for the Amazon-occupied fulfillment center in Ruskin represents the largest commercial real estate sale along the Gulf Coast thus far in 2019.
COURTESY PHOTO — The deal for the Amazon-occupied fulfillment center in Ruskin represents the largest commercial real estate sale along the Gulf Coast thus far in 2019.
  • Commercial Real Estate
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Gulf Coast commercial real estate’s top sales showed a slight sign of weakening in the first half of the 2019, mirroring analyst predictions for a nationwide decrease in overall pricing.

Based on the region’s Top 10 largest transactions as measured by dollar volume, sales dropped 18.5% vs. the first six months of 2018, though the total could be skewed by the individual assets involved in the sales.

 

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