Explore the 2025 Broker Rankings Special Report to gain a first hand look at current market dynamics, YoY transaction volumes, participant's activity, sector takeaways, and more.  

Sales of smaller properties were effectively flat last year, lagging behind the climb off the bottom seen in the institutional marketplace. There were $92.71 billion of trades worth $5 million to $25 million in 2024, up just 1.5% from $91.33 billion a year prior, according to Green Street’s Sales Comps Database.  

By comparison, the volume of transactions valued at or above $25 million rose 22.0%. Brokers attributed the weaker performance to natural parameters in the private capital space that limit outsize growth there. The upshot: There are simply more opportunities for larger deals to move the needle in the institutional space.  

The rankings are calculated by incorporating:

• transaction volumes across 7 property types adding up to roughly $40 billion worth of deals
• Green Street's Sales Comps Database of more than 46,000 transactions
• responses from 42 brokerages to a nationwide survey, with additional Green Street data