Green Street Commercial Property Price Index Down 1% in October
November 6, 2017 | James Sprow | Blue Vault
The Green Street Commercial Property Price Index declined by 1% in October. The index, which measures values across five major property sectors, was pushed down by falling mall valuations. Prices for most other property types were stable.
“In aggregate, prices have plateaued, but it’s really a mixed bag when it comes to property pricing these days,” said Peter Rothemund, Senior Analyst at Green Street Advisors. “Industrial, medical office, life science – they’ve all done great over the past year. Malls have been weak. And everything else has been somewhere in between.”
Additional information on Green Street Advisors is available online at www.greenstreetadvisors.com.
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