Retail Net Lease Volume Pulls Down Sector
January 23, 2019
During the third quarter of 2018, single-tenant deals were down 11 percent, reflecting a considerable drop in store-related transactions, a small reduction in office deals and an increase in industrial deals.
Single-tenant retail transaction volume during the third quarter of 2018 was down 11 percent over the same period in 2017 (from $16.7 billion to $15 billion), according to Real Capital Analytics data. Retail transactions dropped by 21 percent (from $4.6 billion to $3.6 billion) and office deals fell 10 percent (from $5.8 billion to $5.2 billion), while industrial transactions were up 5 percent (from $6.4 billion to $6.6 billion).
©Real Capital Analytics Inc. 2018. All data and statistics are the sole intellectual property of Real Capital Analytics Inc. and no sale, transfer, sub-license, distribution or commercial exploitation of the data is permitted without the express permission of RCA.
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