Green Street: “Sticky” Cap Rates Keep Pricing Gains Modest

The Green Street Commercial Property Price Index was unchanged in June 2026 from the previous month. Over the past 12 months, the all-property index has increased 4.1%, while pricing overall is still down 14% from the 2022 peak. “Price gains have been modest because cap rates continue to be quite sticky,” said Peter Rothemund, co-head of strategic research...