There continues to be very strong demand for high-quality commercial real estate. From 2011–2015, the volume of commercial real estate transactions nationally grew at an annualized rate well in excess of 10%, and projections for the next 24 months suggest that transaction activity may again approach the levels seen at the height of the market back in 2007. While there is a combination of factors that have fueled this resurgence, including historically low interest rates, reduced vacancy, rental growth following years of stagnation, and large amounts of capital looking to be placed, the end result has been clear… much greater competition among potential purchasers that are chasing deals and a spike in prices being paid. The biggest challenge many real estate investors are facing is that there are just too few well-positioned assets being marketed for sale, and there are just too many other bidders looking to buy these properties at extremely aggressive prices.