As the country reeled from COVID-19 shutdowns, sales volume has fallen across commercial real estate.
But there have been bright spots in some sectors, namely multifamily and industrial can count several major deals that have been completed.
The largest multifamily deal currently on Green Street's Real Estate Alert's Largest Deals list for the third quarter was the $320 million trade on a 40-story, 461-unit skyscraper in Seattle called the Kiara, which was built in 2018.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
