Top 50 Largest Office Deals in 2016
Blackstone emerges as the year’s most active office buyer, according to CommercialCafe's analysis on 2016's top 50 U.S. office deals.
by Ioana Neamt
The U.S. commercial real estate market took something of a respite in 2016, during a year characterized by political volatility. Compared to the previous year, when the market fired on all cylinders, office players were more cautious in 2016, with leasing and sales activity cooling down to more sustainable levels, per most industry reports.
CommercialCafe enlisted the help of Yardi Matrix sales data to round up a list of the 50 largest office deals of 2016. The results of our analysis aren’t all that surprising: the New York City office investment market remains the most attractive destination for both local and offshore buyers, though other markets also landed a good deal of capital in the past year. The U.S. office market is poised to become even more attractive in the future, especially to foreign investors, if Brexit goes through.
Check out the list of the top 50 largest office deals of 2016 in CommercialCafe’s latest report.
