Gebroe-Hammer Assoc. represented the seller, OneWall Partners, and procured the buyer, an unnamed private investment group, for the transaction.

With 13.9 million square feet of industrial absorption, 2020 was a record year for industrial activity in Phoenix.

New York City had 1,251 commercial real estate transactions last year, and apartment accounted for 391.

Twenty percent of the chief risk officers at financial institutions surveyed identified credit risk as the top risk they see increasing in importance for their business over the next two years.