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.

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