![Jay Olshonsky, NAI Global](https://nyrej.com/img/wordpress/2015/12/Olshonsky_Jay-NAI-Global-150x150.jpg)
Jay Olshonsky, NAI Global
What real estate project, transaction, market trend or product had a significant impact on your industry in 2015?
Continued growth and hiring of high tech companies is driving demand for office space with a residual effect on multifamily, retail and industrial. Global economic expansion continues to drive pricing in major markets, particularly New York City, Miami, San Francisco and London, where prices are exceptionally high and vacancies remain low. Foreign capital is still coming into US markets, and US companies continue expanding overseas.
NAI Global has recently partnered with Montagu Evans in London to serve our clients in the UK market.