Net Lease

The market may be approaching its low point, though sales data lags.

CBRE thinks it is the uncertain economy.

The properties are located in Florida, Indiana, Louisiana, Ohio, Oklahoma, and South Carolina.

At least another 5%-10% decline on average is reasonable, according to industry conversations.

Cap rates will likely continue to expand for the short term, peak later this year and normalize in 2024.

So far this year, key industrial fundamentals have remained healthy.

The result was new and potentially better ways of running restaurants.

"I've never seen so many borrowers handing over the keys," another panelist said.