The vast majority of U.S. commercial real estate buyers active over the past year made just a single acquisition, and the average property size purchased was just $27 million, according to a report from Real Capital Analytics.
In fact, just 208 of all investors in 2009 were serial buyers (acquired two or more significant commercial properties). At the peak in 2006 and 2007, the number of serial buyers exceeded 1,400 and was growing rapidly. In 2006, nearly 300 of the serial buyers were entities that had not previously been associated with any significant property acquisitions. Over the past year, just 26 new entrants to the market made two or more property acquisitions.
Source: Real Capital Analytics