Quiet Year Ahead for Property Pricing

Newport Beach, CA, February 5, 2026 — The Green Street Commercial Property Price Index® was unchanged in January. Over the past twelve months, the all-property index has increased 2.4%.

“It feels like we’re in for a repeat of last year, when cap rates didn’t change much and values quietly inched higher,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “Commercial real estate looks fairly valued when compared to corporate bonds, so unless interest rates take a step downward, meaningful price gains are unlikely.”