There's been a shift between large and small property sales trends, with larger ones doing better than the smaller ones — a change from 2023, reported Green Street.

The report went into details of different sectors. The first was office, which has been in a cauldron of difficulty since the pandemic and work-from-home started to dismantle demand. Then the split between Class A on one side providing what premier companies wanted, and Classes B and C on the other, showed a lot of obsolescence.

Office did a twist on the large and small dichotomy. Smaller office properties (those between $5 million and $25 million in value) "easily outperformed" industrial spaces (those worth more than $25 million). The former saw an 11% decline in dollar volume sales year-over-year in the first half of 2024 while the latter dropped 22%. The second quarter had $3 billion in trades, the fourth-lowest quarterly results. The worst quarters were the second and third of 2020 and the first of 2021.