Altus Group Reports $115 Billion in U.S. CRE Transactions for Q2 2025

UPDATE: Altus Group Limited has just announced a significant surge in U.S. commercial real estate (CRE) transactions for the second quarter of 2025, with total values reaching an impressive $115 billion. This marks a 3.8% increase from $110.8 billion in Q2 2024, showcasing a robust recovery in the market.

The report, released today from New York, reveals that while the total number of properties transacted nationally fell by 7.4% compared to the same period last year, the multifamily and office sectors emerged as strong performers, capturing nearly half of all transaction volume. “In Q2, we saw strong gains in multifamily and office transactions,” stated Cole Perry, Associate Director of Research at Altus Group. This reflects growing confidence among investors as decision-making processes accelerated during the quarter.

In addition to transaction volume, the report highlights a notable rise in median price-per-square foot, which increased by 13.9% annually. Out of 15 property subtypes, 13 recorded quarterly price increases, indicating a competitive market environment.

Altus Group’s analysis sets itself apart by capturing a broader spectrum of CRE transactions, including single-asset sales exceeding $100,000. This comprehensive approach provides critical insights into pricing and transaction pacing across various metropolitan statistical areas (MSAs).

The report also underscores the resilience of the office and industrial sectors, which outperformed national averages, suggesting a shifting landscape in commercial real estate. As major cities adapt to new work environments and economic conditions, the demand for diverse property types remains strong.

As of now, the data utilized in this report was sourced from Altus Group’s Reonomy product, with transactions recorded through June 30, 2025. The implications of these findings are significant for investors and industry leaders, as they navigate an evolving market.

What’s next? Stakeholders are advised to monitor ongoing trends in transaction activity as we move into the next quarter. The full Q2 2025 U.S. Investment & Transactions Quarterly Report is available for those seeking deeper insights into the current state of the commercial real estate market.

For further inquiries, contact Jaime Bassett, Vice President of Communications at Altus Group, via phone at +1-416-641-9788 or email at [email protected].

This report not only highlights a booming sector but also signals a renewed optimism among investors, making it a pivotal moment for the U.S. commercial real estate market.