Commercial Investment Real Estate July/August 2018 | Page 8

TRENDS
Check Amazon.com for
products and prices before
shopping elsewhere
Retail Habits: Men vs. Women
67%
54%
Frequently use a mobile
device to price compare while
in a physical store
Made two or less
purchases on a mobile
device in the last month
21%
62%
31%
Shop in store to
touch and feel a
product
Frequently make
purchases using a
mobile device
22%
67%
44%
40%
33%
Source: First Insight, Mind the Gap: The Gender Effect on Shopping Habits and Technology Disruptors Survey
MARKET
Rising CRE Property
Prices Cause Concern
“Concerns are growing around commercial
property prices, which have dramatically shot
up by 85 percent in the past seven years.
With interest rates recently rising, commercial
prices could decline, and commercial
investment sales may see an additional dip,
though at a modest pace.”
— Lawrence Yun, chief economist of the National Association of REALTORS® at the
2018 REALTORS® Legislative Meetings & Trade Expo
Multifamily Transactions
Post Strong First Quarter
Multifamily transaction volume totaled $33.7 billion in the first quarter of
2018. This represents a 32.2 percent increase over the same period last
year, according to JLL’s 1Q18 Investment Quick Look.
Market Property Price
(in Millions)
New York The Vogue $316.0
Washington, D.C. Bent Tree $160.0
Atlanta Juncture I & II $141.7
Chicago Vantage Oak Park $102.8
Seattle ZIG Apartments
$68.3
Source: JLL
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July | August 2018
COMMERCIAL INVESTMENT REAL ESTATE
Notable Primary Market Transactions