Joe Friedman of Edge Capital Markets Group predicts record-setting activity in greater Washington, D.C. region with focus on industrial, flex and neighborhood services retail
Favorable economic, financial and job-creation conditions makes the current environment ideal for both buyers and sellers of commercial real estate, especially in the industrial, flex office and neighborhood services retail categories in 2020, explains Joe Friedman, Partner and head of the Edge Capital Markets Group based in Washington, D.C. Interest rates hovering below the 4% range for ten-year fixed money, combined with the availability of ready capital, both equity and debt, continues to motivate sellers and buyers to transact and make deals that result in above-average pricing and favorable returns for equity investors.
