The first quarter of 2024 witnessed a robust performance in the single-tenant net lease market, signaling promising growth and resilience despite some fluctuations. According to insights provided by sources, investment sales activity surged by an impressive 26% from the prior quarter. While this represents a slight decline from the same period in 2023, the momentum observes in the first three months of this year suggests a trajectory poised to surpass the total investment volume of 2023. Buyers and sellers continue to adjust their pricing expectations due to elevated interest rates, market dynamics are expected to stabilize as the year progresses.
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