The previous record was $320 per square foot.

We take a look at the performances and fundamentals in net lease during a panel at <a href="https://www.event.globest.com/netlease-spring/2026-agenda?utm_source=button&amp;utm_medium=media+site&amp;utm_campaign=net+lease+spring">Net Lease Spring 2026</a>.

Experts weigh in at <a href="https://www.event.globest.com/netlease-spring/2026-agenda?utm_source=button&amp;utm_medium=media+site&amp;utm_campaign=net+lease+spring">GlobeSt.'s Net Lease Spring 2026</a> to give their take on the state of the industry and what's to come.

The plans call for 176 apartments now, with retail, after originally seeking a mixed-use hotel building.

Spencer Levy of CBRE makes the case for industrial and building when nobody else is.

Rents, however, weakened significantly from 2024 levels.

The 5.70 percent is 30 basis points below the national average.

It was nearly 40 percent larger than the previous vehicle.