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February 16, 2011

Property sales here soared 91% in 2010

SEATTLE — Led by a surge in office and multi-family sales, commercial real estate investment sales volume jumped 91 percent in Seattle, hitting $2.76 billion in 2010, according to a new report from LoopNet and Real Capital Analytics.

Commercial office sales totaled $1.39 billion last year as investors bought well-leased, core properties. The dollar volume of sales was $436 million in 2009.


 
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