Net Lease

He paints a vivid picture of change in market sentiment.

In 2023, smaller properties saw more activity. In the first half of 2024, though, larger properties did better.

The biggest winners were almost four times better than the national average.

Hotel, healthcare, and industrial saw increases while retail, office, and multifamily dropped.

Some companies find office space cannot accommodate employees on high-attendance days.

Utilization continues to face challenges as hybrid work has become the new norm.

Owners have an opportunity to add benefits such as security, storage yards and other improvements.

There is a lot of uncertainty around this transaction.