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8/17/2015 3:25:46 PM/ Massey Knakal/ News - General Real Estate News
In 2Q15, 230 properties sold in Queens, down 7% from 1Q15. The aggregate sales consideration in 2Q15 was $835M, an increase of 8% from 1Q15. Additionally, cap rates compressed a further 85 bps from 2014, to 5.3%.