Year End 2015 Investment Market Report
The Year-End 2015 Investment Market Report covers commercial real estate investment activity that occurred in the last 2 quarters of 2015 in the Northeast Florida market. As you will see in the report, Colliers International was involved in many of the sales, and was the most active brokerage firm in town in the investment arena during the 2nd half of 2015, based on total number of transactions. Colliers was particularly active in the shopping center and single tenant net leased sectors, selling a Publix ground lease at a record 4.74% cap rate, as well as representing both buyer and seller in the largest shopping center sale of 2015 in an off-market transaction (Island Walk – Fernandina Beach).
$855M of investment sales occurred in the second half of the year, resulting in a total of $1.7B for the entire year. Note that these figures only include assets that traded that were generating income at the time of the sale, and do not represent total commercial real estate activity. The report includes apartment/multifamily, hospitality, single tenant net leased assets, shopping centers, office and industrial properties. Deals that were excluded from the report include owner-occupied sales and vacant land/buildings.
View/Download the report HERE