One year ago, we did a round-up of the 50 largest office sales to close in the U.S. during 2016. Our analysis showed a slight slowdown in office sales activity compared to the previous year, but buyer interest remained strong. In keeping with tradition, we’re doing the same thing this year, to see if that interest waned during 2017.

Using Yardi Matrix data, we looked at all office buildings of at least 50,000 square feet to sell during the past 12 months in the U.S. In the case of mixed-use properties, we only included buildings featuring more than 50% office space (properties that primarily serve office purposes). The results show a significant drop in the total dollar volume: the top 50 office deals amassed a total of nearly $29 billion in 2017, well below the $37 billion recorded during 2016. Compared to the previous year, when eight cross-market deals landed in our top 50, 2017 did not keep up that trend, with just two major cross-market deals closed. Check out the full top 50 below, and read on to find out more about the state of the U.S. office sales market in 2017.

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