Investment in CRE Up 10% Through Q2; Greater New York, Los Angeles Top Cities: CBRE  

Originally published on August 10, 2022 by Gail Kalinoski for CommercialSearch.com.

U.S. commercial real estate investment volume rose 10 percent year-over-year in the second quarter of 2022, to $167 billion, with industrial and logistics investments providing nearly $32 billion of the total and office $24 billion, according to a recent CBRE report. Trailing four-quarter volume totaled a record $881 billion.

The industrial sector saw its investment volume drop slightly, down 1.3 percent year-over-year from $31.6 billion in the second quarter of 2021. The office sector saw a bigger decrease—down 9.5 percent—from the second quarter of last year when office investments reached $26.6 billion. Multifamily was the leading sector, with a total at $78 billion, a 32.4 percent year-over-year increase from $59.1 billion in the same time frame last year.

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