BKREA Reports $833 Million in Transaction Volume Year-to-Date, With Strong Momentum Heading Into Second Half of 2026

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BKREA reported $833.5 million in transaction volume across 33 transactions through August 2026, representing more than 2.8 million square feet of Manhattan real estate activity. The results highlight continued momentum for the Manhattan-focused investment sales brokerage, particularly across development sites, redevelopment opportunities, and value-add properties.

The firm has accelerated its activity since the beginning of the second half of the year. Since July 1, BKREA has completed nine transactions involving 11 buildings totaling 675,352 square feet and $259.1 million in transaction volume, representing approximately 31% of the firm's total 2026 dollar volume to date.

Key Takeaways from BKREA’s 2026 Transaction Results

$833.5 Million in Year-to-Date Transaction Volume

BKREA has completed 33 transactions totaling $833.5 million in transaction volume through August 2026, demonstrating strong activity across Manhattan's investment sales market.

More Than 2.8 Million Square Feet Transacted

The firm's 2026 transactions represent approximately 2,842,635 square feet across 33 buildings, highlighting the breadth of BKREA's activity across Manhattan.

Strong Momentum Since July 1

Nine transactions involving 11 buildings have closed since the beginning of July, generating $259.1 million in volume. The activity represents nearly one-third of BKREA's total 2026 transaction volume to date.

Development and Redevelopment Opportunities Remain a Core Focus

BKREA continues to concentrate on development sites, redevelopment opportunities, and properties with significant value-add potential, areas where strategic marketing and specialized market knowledge can create meaningful value for owners and investors.

Proprietary Data Supports Transaction Strategy

BKREA's Knakal Land Index and Knakal Map Room provide proprietary research and data capabilities designed to identify opportunities, analyze the market, and connect properties with qualified investors and developers.

Targeted Marketing Drives Results

The firm's performance reflects its focus on strategic marketing, deep submarket knowledge, and targeted buyer outreach to maximize exposure and create competition for investment properties.

BKREA Enters the Second Half With Significant Momentum

With a growing pipeline of exclusive assignments and continued transaction activity across Manhattan, BKREA enters the remainder of 2026 positioned for continued growth.

Why the Results Matter

BKREA's 2026 performance demonstrates continued demand for well-positioned Manhattan investment opportunities despite the evolving commercial real estate environment.

The firm's focus on development sites, redevelopment opportunities, and value-add properties allows it to target assets where sophisticated marketing, proprietary data, and a deep understanding of buyer demand can influence transaction outcomes.

According to Bob Knakal:

“2026 has been a very strong year for BKREA, and the momentum we have seen since July 1 has been especially encouraging.”

Knakal emphasized that the firm's continued execution and focus on development, redevelopment, and value-add opportunities are resonating with owners and buyers.

Featured Transaction Results

The 2026 year-to-date results include:

Transaction Volume: $833.5 million
Transactions: 33
Buildings Sold: 33
Total Square Feet: 2,842,635 SF
Transactions Since July 1: 9
Buildings Since July 1: 11
Volume Since July 1: $259.1 million
Square Feet Since July 1: 675,352 SF
Share of 2026 Volume Since July 1: Approximately 31%
Core Focus: Development sites, redevelopment opportunities, and value-add properties

BKREA’s Market Approach

BKREA combines Manhattan investment sales expertise with proprietary research tools, including the Knakal Land Index and Knakal Map Room. These resources support the firm's ability to identify opportunities, understand market conditions, and connect owners with qualified investors and developers.

The firm's growing transaction volume reflects the continued importance of specialized market knowledge and targeted execution in Manhattan's investment sales market.

Frequently Asked Questions

How much transaction volume has BKREA completed in 2026?

BKREA reported $833.5 million in transaction volume across 33 transactions through August 2026.

How much square footage has BKREA sold?

The firm has sold 33 buildings totaling approximately 2.84 million square feet through August 2026.

How has BKREA performed since July 1?

Since July 1, BKREA has completed nine transactions involving 11 buildings totaling $259.1 million and 675,352 square feet.

What types of properties does BKREA focus on?

BKREA specializes in development sites, redevelopment opportunities, and value-add properties throughout Manhattan.

What proprietary tools does BKREA use?

BKREA uses the Knakal Land Index and Knakal Map Room to support proprietary research, market analysis, opportunity identification, and targeted buyer outreach.

What does the 2026 performance indicate?

The results demonstrate strong transaction momentum for BKREA and continued demand for strategically positioned Manhattan investment and redevelopment opportunities.

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