Compass Report: Land Market, January 2012

Buyer Demand Picking Up for Industrial, Multifamily Land; Sellers Stepping Up to Meet the Market

  • Bigger is better for industrial land market
  • It’s the beans! Agricultural land pricing continues to ratchet higher
  • Medical office users taking more retail locations

Buyers and sellers have moved closer together on pricing for land, which is spurring more transaction activity. Most of the movement has been by sellers, who are giving in to market realities and pricing their properties according to current market conditions, which remain soft. Demand for commercial real estate land is selectively higher within various property types. Read more