U.S. Commercial Property Sales Hit $62.9 Billion in Q1, Up 18% on 3,426 Deals
Updated
Updated · MarketScale · Jul 12
U.S. Commercial Property Sales Hit $62.9 Billion in Q1, Up 18% on 3,426 Deals
2 articles · Updated · MarketScale · Jul 12
Summary
$62.9 billion in U.S. commercial real estate investment sales closed in Q1 2026, with 3,426 transactions lifting dollar volume 18% and deal count 7.71% from a year earlier, according to Avison Young.
Industrial properties and development-land sites drove the upside, while multifamily remained the largest sector by total dollars.
Industrial demand is being fueled by e-commerce fulfillment, nearshoring and data infrastructure build-out, pushing investors toward Class B and value-add assets as Class A pricing squeezes near-term returns.
Land deals point to stronger construction pipelines 18 to 36 months out, with improved CMBS and construction financing conditions helping support new development underwriting.
Avison Young said the quarter extends a three-year rise in investment volume, signaling a still-favorable bidding environment for owners weighing acquisitions, refinancing or dispositions.