Jimmy Goodman is a partnerat The Boulder Group and will be a speaker at the upcoming GlobeStNet Lease national conference in New York City.
NEW YORK CITY—Cap rates in the single-tenant net lease sectorreached historic lows across all three main sub-sectors includingretail, office and industrial. That is according to Jimmy Goodman,partner at The Boulder Group. Goodman will serve on the state ofthe industry panel at the upcoming GlobeSt.18th annual nationalnet lease conference in New YorkCity.
According to Goodman, single tenant retail reached a previoushistoric low from the fourth quarter of 2017 at 6.07%. "Net leasedoffice and industrial properties reached new historic lows of 6.94%and 6.90% respectively," he tells GlobeSt.com. "Cap rates remain atlow levels due to the historically low interest rate environmentcombined with a robust economy."
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