- Sep 30, 2017
National cap rate performance, based on properties and portfolios of $2.5 million and greater
Cap Rates for the second quarter of 2017 were between 5.1 and 6.8 percent, with Suburban Office and Warehouse commanding the highest rates. Mid- and High-rise Apartment properties traded at the lowest cap rates: 5.1 percent. CBD office cap rates have increased by more than 28 basis points in the past three months, while Warehouse cap rates decreased by 50.9 basis points. Year-over-year, the biggest cap-rate growth for commercial properties was 29.7 for CBD Office, and the most significant decrease was in Warehouse properties (-15.6 basis points).