Wall Street Journal
One case that the market is improving could be the acquisition of 1625 I St. in Washington DC for $203.4 million by HSBC Alternative Investments. However, there is a long road to recovery, according to research firm Real Capital Analytics, which says there were $54.4 billion in deals last year, down from $181.6 billion in 2008 and $557.8 billion in 2007, the article says.
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