Net lease bank real estate continues to be a strong performer, according to The Boulder Group's recently issued Net Lease Bank Ground Lease Report.

National asking cap rates in the space decreased to 5.15% in Q1, representing a 20-basis point increase when compared to the prior year, The Boulder Group reported.

"[This move] can be best attributed to overall market conditions in the net lease sector combined with an increase in supply of longer leased properties," Randy Blankstein, President, The Boulder Group, said in a prepared statement.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.