It appears that evidently inflation and a slowdown within the capital markets could have lastly caught up with the single-tenant internet lease sector, which has posted its fourth consecutive quarter of declining exercise, in keeping with an evaluation from Newmark.
In This fall, the single-tenant internet lease market noticed roughly $14.9 billion in gross sales, down practically 16% quarter over quarter and down 66% year-over-year. The general common cap fee additionally elevated for the primary time in thee years. Nevertheless, yearly, the commercial market had its second strongest yr ever with greater than $40 billion in gross sales, whereas workplace and retail posted numbers in step with common quantity years.
