2021 Commercial Property Prices Increase Nearly 25%

Green Street, Newport Beach, Calif., said its commercial property price index increased 24 percent in 2021 with robust price appreciation occurring in virtually every corner of the CRE market.

Commercial Real Estate Prices Rise Again

Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.

Quote

“With the economy on stable ground and many property investors paying interest at 2 percent per year or less, further price gains are almost a certainty.”
–Peter Rothemund, Managing Director at Green Street.

CRE Property Prices Climbing Again

Commercial property price appreciation is comparable to that seen before the country’s initial Coronavirus lockdown last year, reported Real Capital Analytics, New York.