Institutional Interest Sends Single-tenant and Net lease Sales Sky High
Business is booming in the single-tenant and net lease (STNL) space. A wave of investors, from domestic players to those abroad, are jumping on opportunities to add STNL’s to their portfolios. In 2021, second-half sales volume pushed $64 billion, nearly 40% above 2019’s numbers during the same period. In addition, nearly $100 billion worth of single-tenant and net lease deals were completed last year, a new record. Institutional capital, particularly private equity, is pouring into the space, a trend expected to continue.
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