At the dawn of the era of the 2020 Pandemic, commercial real estate sales racked up the third best quarter over the last 21!
While multifamily continued to lead the way with the highest volume, major retail center transfers finally came of age last year.
Frederick County Commercial Real Estate Sales Top $600,000,000 for all of 2019!
With only a few exceptions, the US economy appears to be headed for another year of positive growth!
… while median price per acre of agricultural land only fluctuates slightly since 2014
Out of a total of 721 transactions, a mere 33 capture 59% of the dollar volume!
2019 YTD CRE Sales for Frederick County slip by 6% and YTD number of transactions fall by 22%.
At the halfway point in the year, beyond the fact that there were no mega deals, mixed trends prevail in Frederick County commercial real estate lease deals.
Stay Tuned for Next Week’s MacRo Report Blog!!!
Let’s skip CRE, traffic solutions and local politics for a week and say: Rain, Rain Go Away, I’d much prefer a Sunny Reading Day!