Report | United States Retail Capital Markets Insight - Q3 2014
Sales of significant retail properties totaled 19.7 billion in the third quarter of 2014, a 52.3 percent increase from the third quarter of 2013. Although New York led markets in total third-quarter transaction volume, all its sales consisted of mall and other retail subtypes. In strip center sales, Los Angeles took the lead. We are seeing a definite change in the types of property being traded most in retail to urban/store front retail and freestanding retail.
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