Single-Tenant Volume Off to Slow Start in 2018
- Apr 18, 2018
©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.
Single-tenant transaction volume in 2017 eked out a small gain over 2016 volume, at $58.1 billion compared to $57 billion, according to Real Capital Analytics data. First-quarter 2018 activity seems to be off to a slow start in all three sectors, totaling $6.9 billion as of Feb. 28. This is well below first-quarter 2017 volume, which totaled $14.1 billion, and first-quarter 2016 volume of $12 billion. The industrial sector is the most active so far in 2018, with more than $3 billion in single-tenant transaction volume, followed by retail and office, at $2.1 billion and $1.7 billion, respectively.