Commercial real estate registered another strong year of sales transactions in 2015, nearly matching the record pace of transactions in 2007. However, in contrast to the last cycle, when office buildings dominated, the market is more balanced now, with multifamily edging out office as the top sector, while industrial and office both grew. Hotels also lost share. Foreign buyers account for a growing share of transactions, particularly for trophy assets in the top markets, though domestic sources still account for the vast majority.
Source : Colliers International