Prices of investment-grade commercial real estate rose 4.4% in Q3, according to MIT CRE's...

|By:, SA News Editor

Prices of investment-grade commercial real estate rose 4.4% in Q3, according to MIT CRE's transaction-based index, possibly signaling an end to the sector's year-long downward spiral. "One quarter does not a trend make and we are still well below normal trading volume," David Geltner, director of research at MIT/CRE, said. "Nevertheless, this is the strongest sign of a bottom that we've had in two years."