CHICAGO—Cap rates in the single tenant net lease market havebeen on along-term slide that eventually reached historic lows,but that era may be over. A boosthad been expected, and in the second quarter, ratesincreased across all asset classes when compared to the previousquarter, according to a new report from the BoulderGroup, a net lease firm in suburban Chicago.
Cap rates for retail and office properties increased slightly bythree and two bps to 6.23% and 7.14% respectively, according toBoulder. Cap rates for net lease industrial properties increased by10 bps to 7.37%.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
