In Hawaii, there have been 75 investment property sales over 1 million
dollars from January to June, 2011. Sales volume was $438MM for Hawaii commercial property sales. Numbers of sales are similar to that of 2010.
Sales volumes are definitely up over the past six months across the US.
Surprisingly, 17% of all sales across the country are characterized as distressed. In Hawaii, the percentage of distressed sales is much, much lower. There were approximately 5 transactions or 6% of our sales, characterized as distressed sales. Colliers was the 5th busiest investment sales brokerage company across the U.S.