Report: Commercial property values  now 14% above 2007 peak

commercial property values

commercial property valuesBy Eliot Brown | Wall Street Journal

U.S. commercial property values have been nothing if not consistent in the past half-decade, steadily ticking upward.

Real estate research firm Green Street Advisors reported Tuesday that commercial property values in March were 11% above March 2014, and unchanged from February. In all, values have now risen 87% since they bottomed out in 2009, and more than 14% from the prior peak in 2007, according to Green Street’s index.

Looking ahead, many expect more growth unless something should change with the broader economy.

Given the low-interest rate environment and “debt capital that is freely available,” said Peter Rothemund, an analyst at Green Street, “you have a recipe for further property appreciation.”


Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories