CBRE ranks as the top broker in sales of properties in the $5 to $25 million range, taking the top spot for the multifamily, industrial and office sectors for those property types, according to a new report from Green Street, which ranked the brokers by small property sales last year. 

CBRE was followed by Cushman & Wakefield, Marcus & Millichap (which also nabbed the top retail spot), Newmark, Colliers International and JLL. Hunter Hotel Advisors won the hotel ranking. The results are drawn from responses of 35 brokerage firms to an inaugural national survey of small property deals, as well as from Real Estate Alert reporting, property records, and other public information.

Around $37.9 billion in small properties sold last year as opposed to $49.4 billion in 2019—a 23.3% decrease, according to Real Estate Alert. Conversely, assets valued in excess of $25 million saw deal velocity decrease by 34.6% during that same period.