December 2, 2019
U.S. net-lease investment in 2019 is on pace to surpass last year’s record level, with Boston among the leading target markets for investors, according to a recent report from CBRE.
Boston was among the top 15 markets for net-lease investment in Q3 2019 with total volume of $448 million, up 129% year-over-year. For the year-ending Q3 2019, net-lease investment in Boston totaled $2.930 billion—up 202% year-over-year.
“Over the past 12 months, we have seen significant demand for net-leased investments with interest coming from local and domestic, as well as foreign investors who have been very aggressive in the space,” said Scott Dragos, executive vice president of Capital Markets for CBRE in Boston. “We expect investor demand to continue to grow through the first quarter of 2020.”
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