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24
Mar
2020

$63 Billion Sold $44 Billion Bought.

by Michael Kotendzhi
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$63 billion sold $44 billion bought.

​Chinese and foreign investors of US commercial and industrial real estate unloaded nearly $20 billion USD more than they bought in 2019 according to Real Capital Analytics, displaying an exodus of capital from the commercial real estate market. The effect of this is commercial real estate prices have begun to level off from their once heated month over month lifts in the recent years.

Michael Kotendzhi is President of Operations & Transportation and a partner at 18 Wheels. Michael has over 15 years of experience and is equipped with a degree in Logistics from the University of British Columbia Sauder School of Business. As well as a background in logistics from XPO Logistics (formally Kelron Logistics), North America's largest contract warehousing provider.

Michael's experience includes supply chain management, reverse logistics, & domestic transportation. He has developed 18 Wheels' trucking solutions, effectively utilizing the sister company's vehicle fleet and building a transportation supply-chain network across North America.

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