The latest research from the Commercial Brokers Association (CBA) shows commercial real estate investment activity in the Puget Sound region tumbled from nearly $5.6 billion in January through April 2019 to $1.99 billion for the same four-month period in 2020, which translates to a 64.4% decrease. Deal flow dropped from 661 deals in 2019 to 484 in 2020 during that January to April time period, a 26.8% decrease.
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