Altus Group Limited has its released CRE Investment & Transactions Quarterly Report, covering U.S. transaction activity for second quarter 2025.
In second quarter 2025, the U.S. commercial real estate market recorded $115 billion in dollar value transacted, up 3.8 percent compared to $110.8 billion in second quarter 2024, led by strong gains in multifamily and office transactions. The increase reflects growing confidence in larger transactions as decision making accelerated in second quarter. The number of properties transacted nationally decreased by 7.4 percent compared to second quarter 2024; however, office and industrial sectors outperformed the national figure on an annual basis.
“In second quarter, we saw strong gains in multifamily and office transactions, which together accounted for nearly half of all transaction volume in the quarter,” said Cole Perry, associate director of research at Altus Group. “On a quarterly basis, 13 of 15 property subtypes
