Many factors drove September's increase in net lease sales. Some of those may be an indicator that the market is returning to normal.
"I think pretty clearly from the transaction types and the numbers from this month, the institutional capital is getting off of the sidelines," says Chris Pappas, associate director with Marcus & Millichap's Net Lease Division. "They're placing money into these net lease assets before the end of the year."
These investors put their money into big box assets, which are typically much more expensive.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
