{"id":1004796021,"date":"2026-04-30T08:39:46","date_gmt":"2026-04-30T16:39:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004796021"},"modified":"2026-05-01T05:44:09","modified_gmt":"2026-05-01T13:44:09","slug":"office-sale-prices-surge-volume-hold-steady","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/office-sale-prices-surge-volume-hold-steady\/","title":{"rendered":"Office Sale Prices Surge, Volume Holds Steady"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" data-attachment-id=\"1004796085\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/office-sale-prices-surge-volume-hold-steady\/0526_cpe_matrix_office_trans-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0526_CPE_Matrix_office_trans (1)\" data-image-description=\"&lt;p&gt;Source: Yardi Matrix&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Source: Yardi Matrix&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg?w=800\" alt=\"Office transactions chart based on Yardi Matrix data at the end of 2026's first quarter.\" class=\"wp-image-1004796085\" style=\"width:550px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/0526_CPE_Matrix_office_trans-1.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">Source: Yardi Matrix<\/figcaption><\/figure><\/div>\n\n\n<p>The first quarter of 2026 closed with $12.6 billion in <a href=\"https:\/\/www.commercialsearch.com\/news\/commercial-real-estate-transactions\/\">office sales<\/a> across 541 transactions, according to the latest Yardi Matrix data. These investments included 65.9 million square feet of space sold at an average of $219.99 per square foot.<\/p>\n\n\n\n<p>Total dollar volume declined by 0.8 percent compared to the first quarter of 2025. Back then, investors closed $12.7 billion across 704 transactions. That quarter recorded higher transaction volume by square footage, with 88.2 million square feet trading at more affordable prices.<\/p>\n\n\n\n<p>At the end of the first quarter of 2026, office prices rose 30 percent year-over-year from 2025&#8217;s $168.85 per square foot during the same period. This translates into less space trading at higher values.<\/p>\n\n\n\n<p>The price gap becomes even larger when looking at first-quarter sale prices from 2024, when office properties sold at $158.48 per square foot\u2014marking a 39 percent increase over two years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-office-prices-surged-in-2025\">Office prices surged in 2025<\/h2>\n\n\n\n<p>There were 3,392 deals in 2025, encompassing 405.4 million square feet and generating $65.6 billion. Properties sold at an average of $179.65 per square foot. Overall, 2025 closed with a 36 percent higher dollar volume than 2024&#8217;s $48.3 billion.<\/p>\n\n\n\n<p>So far in 2026, the sector has posted 549 transactions involving 66.8 million square feet. This generated $12.8 billion in office sales, with properties changing hands at $220.11 per square foot. Despite ongoing struggles in the sector, <a href=\"https:\/\/www.commercialsearch.com\/news\/office-industry-trends\/\">office prices may <\/a>continue to rise as owners and capital providers are preserving asset values and competitiveness.<\/p>\n\n\n\n<p>\u2014Posted on April 30, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest snapshot of national deal trends from Yardi Matrix. <\/p>\n","protected":false},"author":2991,"featured_media":1004796085,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37756,23891,21747,37749],"tags":[32785],"class_list":["post-1004796021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-investment","category-national","category-office","category-research-center-cpe","tag-yardi-matrix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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