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Strong rent growth in the industrial sector resulting from limited land supply and a population influx remains a theme, along with a healthy dose of new office construction on the horizon to nudge vacancy back up.
"We also see pop-up stores becoming a more permanent fixture in retailers' and landlords' strategies to meet shoppers' expectations for new and exciting products."
Investors busy making net lease investments range from strictly passive and "hands-off" investors to highly sophisticated privately and publicly held real estate operators who see the asset type as consistent in generating levered and un-levered yields.
"Northerners and other homebuyers are not just purchasing second homes; they are bringing businesses and moving here full time," says MIAMI Chairman of the Board José María Serrano.