Over the past 12 months, Ten-X's trade rate has averaged over 50%. But which markets are really seeing the most activity?
Our Regional Vice President, Kevin Spellacy, broke down some of Ten-X's recent transaction trends with GlobeSt. Here are some of the highlights:
- Columbus, Boston, Philadelphia, Cleveland, and Detroit are among the top-performing markets, with trade rates in the 60-70% window.
- Discussions with corporate clients regarding the divestment of non-core real estate assets have recently increased.
- The past 90 days have seen a significant increase in investor interest on the Ten-X platform, indicating the potential for a rise in investment activity in the coming months.
Read the full article on GlobeSt.