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Surging demand lifts commercial property

Low interest rates boost sales volume to levels seen before the recession

By Andrew Gomes

POSTED: 01:30 a.m. HST, Feb 22, 2013

~~<p>Hawaii's commercial real estate market achieved a major rebound last year, with sales of shopping centers, hotels, office buildings and other assets topping $2 billion for the first time in five years.</p>
<p>A report by Colliers International released this week tallied statewide commercial property sales of at least $1 million and said transactions last year surged to finally top pre-recession levels.</p>
~~

Hawaii's commercial real estate market achieved a major rebound last year, with sales of shopping centers, hotels, office buildings and other assets topping $2 billion for the first time in five years.

A report by Colliers International released this week tallied statewide commercial property sales of at least $1 million and said transactions last year surged to finally top pre-recession levels. Login for more...



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