Industrial Dominates Net-Lease Sales
Despite a dip since the fourth quarter of 2017, the industrial sector led single-tenant sales volume for the third time in a row during the first quarter, reaching $5.5 billion.
Note: Data is current through 3/31/2018. Based on independent reports of properties and portfolios $2.5 million and greater. Data believed to be accurate but not guaranteed. Source: © Real Capital Analytics Inc., 2018
Despite a significant dip since the fourth quarter of 2017, the industrial sector led single-tenant sales volume for the third time in a row during the first quarter, reaching $5.5 billion. Retail and office investment both declined for the third consecutive quarter. After exceeding $5 billion for each quarter of 2017, net-lease office sales slumped to $3.2 billion at the start of the year. The retail sector continued its roller-coaster ride, slipping to $3.2 billion in volume after totaling $4.6 million as recently as the third quarter of 2017.
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