Industrial Dominates Net-Lease Sales
- Jun 20, 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.