2017 Single-Tenant Transaction Volume Outpaces 2016
- Feb 21, 2018
©Real Capital Analytics, Inc. 2018. All data and statistics are the sole intellectual property of Real Capital Analytics, Inc. and no sale, transfer, sub-license, distribution or commercial exploitation of the data is permitted without the express permission of RCA.
Following a strong third quarter, single-tenant transaction volume fell a bit to finish off 2017, down from $16.7 billion in the third quarter to $14.5 billion in the fourth quarter, according to Real Capital Analytics data. The drop can largely be attributed to a decline in volume in the industrial and retail sectors, while the office sector only had a minor increase from $5.82 billion to $5.84 billion over the quarter. Despite the quarterly decline, a total transaction volume of $57.8 billion for 2017 slightly exceeded 2016’s volume of $56.8 billion.