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