By Mark Heschmeyer | CoStar
Investors both large and small remained intently focused on commercial real estate last year, as pricing levels rose in tandem with occupancies, vacancies remained near cyclical lows, and rent growth posted healthy gains across property sectors and regions.
Those were among the findings in the February 2015 CoStar Commercial Repeat Sale Indices (CCRSI), which analyzed commercial property sales through December 2014, providing one of the broadest measures of commercial real estate repeat sales activity.
The value-weighted U.S. composite index in the CCRSI increased 11% in 2014 to 5.7% above the previous peak in 2007, as investors continued to pour money into commercial property.