Amid a seemingly distressed marketplace characterized by rising interest rates and overall high levels of vacancy, property sales are down across asset types. However, something seems to be ticking up in the commercial market: auction sales, which experts note could be the start of a new wave. According to Ten-X Commercial Real Estate, one of the nation’s leading auction platforms, Los Angeles real estate auction activity has nearly doubled since last year. And although many agree that the rise in the sector isn’t anything exclusive to Los Angeles, there do seem to be many consistencies when it comes to which properties are best suited for auction. 

This special report takes a look at those sales, breaking down which asset types are deemed most favorable and whether submarket matters, as well as some of the reasons that would lead a seller to choose the auction route over a traditional sale process. 

– Brynn Shaffer

Read more: Auctions On the Rise