Commercial Property Prices Trending Upward

Newport Beach, CA, July 5, 2024 — The Green Street Commercial Property Price Index® increased 0.7% in June. Apartment prices increased 5%; pricing of other property types was unchanged.

“Property pricing bottomed late last year and it’s been on the rise since then,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “There are a few property types where pricing is lower, but for everything else, pricing is flat or higher since the end of last year.”