C
ommercial real estate sales in the US surged 16% in the first half of 2025 compared to the same period last year, according to Green Street's Real Estate Alert. This marks a renewed momentum across markets and sectors after several turbulent quarters.

    The private-capital segment saw overall U.S. commercial property transactions valued at $5 million and up reach $163.61 billion through June, a significant increase from $141.34 billion in H1 2024. Sales of larger assets over $25 million led the recovery, climbing 21% to $118.37 billion, while deals between $5 million and $25 million grew more modestly at 3.5%, reaching $45.24 billion.

    Brokered sales outpaced unbrokered trades across both market tiers, with sell-side advisor-led deals rising 21% in each segment. Unbrokered sales declined 16% in the $5 million–$25 million range, indicating that sellers are increasingly relying on brokerage expertise in a more competitive market.

    Sector-wise, activity was healthy across multifamily, industrial, office, retail, hotel, and niche segments, reflecting broad-based investor confidence. Despite a brief disruption caused by April's tariff announcement from the Trump Administration, most market participants viewed it as a temporary setback rather than a sustained drag.

    Green Street's rankings are based on a nationwide survey of 46 brokerages, supplemented by property records, news sources, and independent reporting. With momentum accelerating, analysts expect a robust finish to 2025 as capital continues to return to commercial real estate.