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WILMETTE, IL—In many asset classes, it is the large institutions that having been pushing cap rates down to record lows. But that’s not the case for Quick Service Restaurants (QSR).

In the first half of 2019, private buyers accounted for more than 80% of QSR properties sold, which is an increase over the last two years, according to the Second Quarter 2019 QSR Net Lease Report by The Boulder Group.

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