Commercial Property Pricing Holding Firm, Green Street Finds

(Chart: Green Street. Stock Cover Photo: Pixabay/pexels.com)

Green Street, Newport Beach, Calif., reported commercial property prices increased 0.6% in May.

Over the past twelve months, the data firm’s all-property Commercial Property Price Index has increased 4.1%.

“Despite the volatility over the past couple of months, the bid for commercial properties has
remained firm,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “Pricing is
essentially unchanged this year. And unless Treasury yields continue to come in, it’s unlikely we’ll
see much price appreciation this year.”