By not losing, the industrial property sector was the big Q2 winner in the U.S. commercial real estate market.

That's the takeaway from UBS Asset Management's quarterly Real Estate Outlook.

Data showed total returns hovering around zero for apartments and office space, and negative returns for hotels and retail. But industrial properties, while trending down, still returned about 5 percent on an annual basis at the end of June.

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Scott Graham

Scott Graham focuses on intellectual property and the U.S. Court of Appeals for the Federal Circuit. He writes ALM's Skilled in the Art IP briefing. Contact him at [email protected].