The Reel

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A blog for breaking sales and neighborhood real estate news.

The industrial sector saw 64 properties sold, a 12% increase
from 2013, with 17 properties sold in the fourth quarter, down
from 20 sold in 4Q13. Total dollar volume for the year reached
$129M,  representing  a  34%  increase  from  2013’s  total,  with
$27M sold in 4Q14, a decrease of 33% from 4Q13. Price per
square foot averaged $112, up 14% from 2013’s average, with
the fourth quarter averaging $117, up 29% from 4Q13’s average.