Raleigh-Durham Investment Report (Q4 2020)23 Feb 2021
The Triangle investment market turned in a strong performance in 2020 despite unprecedented challenges. Investment activity plummeted in 2Q20 as COVID-19 and associated stay-at-home orders created widespread uncertainty and severe underwriting and logistical issues. Demand snapped back in the second half of the year, and the market closed out 2020 with $5.7 billion in office, industrial, retail and multifamily sales. Of that total, $1.9 billion was transacted in the fourth quarter alone.