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."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
