Values Up, but Higher Rates are a Headwind

Newport Beach, CA, September 4, 2026 — The Green Street Commercial Property Price Index® increased 0.8% in August. Over the past twelve months, the all-property index has increased 5.0%.

“It’s been a nice run for property prices, but I expect things will cool off,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “The rise in Treasury yields over the past several months—and its impact on borrowing costs—is likely to cause buyers to rethink what they’re willing to pay.”

About the Green Street Commercial Property Price Index® | Green Street’s Commercial Property Price Index® is a time series of unleveraged U.S. commercial property values that captures the prices at which commercial real estate transactions are currently being negotiated and contracted. Features that differentiate this index are its timeliness, its emphasis on high-quality properties, and its ability to capture changes in the aggregate value of the commercial property sector.

About Green Street | Green Street is the leading global provider of actionable commercial Real Assets research, news, data, analytics, and advisory services. For over 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private Real Assets markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics. Today, Green Street’s integrated platform serves more than 4,000 companies across North America, Europe, Australia, and Asia.