Q2 2020 U.S. NET-LEASE INVESTMENT REPORT
Net-Lease Comprises Bigger Share of Much Lower Commercial Real Estate Investment Activity
• Net-lease investment fell significantly in Q2, but its share of sharply lower commercial estate investment activity jumped to a record 20.2% from 13.3% in Q1.
• Q2 net-lease volume fell by 61.8% year-over-year to $8.1 billion versus a 69.9% decline in total commercial real estate investment activity.
• The industrial sector’s share of total net-lease investment increased to 48% in Q2 2020.
• The average net-lease cap rate was unchanged at 6.3% in Q2 due to limited investment activity.
• Chicago, Philadelphia, Los Angeles, the Inland Empire and Dallas/Ft. Worth had the most net-lease investment volume in Q2.