Snapshot: Foreign Buyers Take Bigger Role in Commercial Real Estate
By BRADLEY HOPE | January 31, 2008
Foreign buyers aren't just holding up residential real estate sales in the city. Data from Cushman & Wakefield show that about one-third of all commercial deals that are under contract and expected to close were from foreign buyers, up from about 12% in 2007. The percentage of institutions buying commercial real estate has also surged, the data show.
