Net Lease

Apparel is the most likely consumer product category to be impacted by higher tariffs.

Impacts felt by other retailers could benefit the likes of TJ Maxx, Ross and Burlington.

The average industrial cap rate is 6.29%, down 13 basis points from a year ago.

Big-box vacancy is expected to peak and fall again in 2025 as new supply falls in line.

“There’s always churn; it’s healthy."

A persistent upward trend in cap rates reflects high borrowing costs and inflationary pressures.

But two critical caveats could undermine CRE’s safe-haven status.

Retail construction continues to fall due to higher financing rates and elevated costs.