Net Lease

Contrary to expectations, REITs perform as well or better that the S&P when interest rates increase.

Costs are up multiple times as deals go out the window.

"Approximately 20%-25% of a project goes to food and play. We don't see that number going back at all."

Suburbanization, consumer proximity, medtail and open-air retail top Phillips Edison's list.

Flush with cash and industry-highest occupancy rates, Public Storage is poised to continue its acquisition strategy.

A voracious industrial appetite may have led to a touch of indigestion.

The model is being used to test the waters and may not become permanent.

But there are certain challenges that bear watching.