The best net lease properties are "flying off the market" despite dropping sales volumes for commercial real estate more generally, according to Camille Renshaw of B+E Net Lease.
Speaking to GlobeSt in advance of this week's ELITE Women of Influence conference in Lake Tahoe, Renshaw said she's observed a distinct flight into net lease from other asset classes, in a phenomenon she says underscores the relative strength of the space.
"When all volume halted in CRE in 2008, we as a segment spiked against that trend," Renshaw said. "We've seen that again here. It's something that really made an impression on me; net lease functions like a bond does to a volatile stock market."
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