Home / About Us /


Definitive leaders in real estate
research for over 30 years

The Middle Years (’93 – ’07)


25 years ago
Craig Leupold, now President of Green Street, joins the firm
24 years ago
The great REIT IPO boom.
Over 70 companies try to become public
24 years ago
Jim Sullivan, Managing Director, joins Green Street
23 years ago
REIT Market Cap is $50 billion
Green Street opens its Dallas-based trading and sales operation
Commercial real estate is in full recovery mode; REITs trade at an average of 30% NAV premium
21 years ago
Green Street forms an joint venture with Eastdil Secured to help property sellers value operating partnership units
Green Street launches Advisory & Consulting Group to provide customized solutions to clients.
REIT Market Cap is $130 billion
20 years ago
REITs engage in a “pie eating” contest, growing their portfolios, but not necessarily creating value
19 years ago
The tech craze is in full frenzy; 10% return – animals like REITs are out of favor; REITs trade at an average NAV discount approaching 20%
18 years ago
REITs start delving into tech; Green Street suggests caution
17 years ago
The tech bubble bursts; companies with real assets and cash flows come back in vogue
15 years ago
REIT Market Cap is $205 billion
Founders Mike Kirby and Jon Fosheim win NAREITs “Industry Achievement” Award
14 years ago
Green Street introduces its macro product line to provide analysis and forecasts for the commercial real estate market
13 years ago
REIT Market Cap is $275 billion
12 years ago
The firm launches Green Street Investors.
Over the next five years, this single separate account generates 400 bps of annualized outperformance by mimicking Green Streets investment recommendations
11 years ago
The five largest REITs are:
  • Simon Property Group
  • Prologis
  • Vornado
  • General Growth
  • Boston Properties
  • The Early Years (’85 - ’92) The Most Recent Years (’08 - Present)