Sep 21, 2022 08:30 AM
The single-tenant net lease sector had a strong first half of the year, with a record $40.1 billion in investment sales, but volume dropped 35% during the second quarter, and is down 17% from the same point a year ago, GlobeSt.com reported Sept. 15. The number of deals also declined, down 42% year-over-year primarily due to rising interest rates.