Driven by unprecedented demand for single-tenant assets, 2021 marked a record for net lease transaction volume, which totaled $79.3 billion and was up 39 percent over 2019 levels.
Senior managing director Alex Sharrin, based in JLL's Miami office and is part of the firm's Capital Markets net lease team that focuses on private capital, anticipates that trend to continue, led by Sunbelt markets.
"Liquidity for net-lease assets has reached historic highs in recent months," said Sharrin. "Rising acquisition targets and mandates from traditional net-lease investors, coupled with new private and institutional capital entering the space, is expected to support continued momentum looking ahead to 2022."
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