After three successive quarterly increases, retail net lease cap rates were flat in 4Q 2018, ending the year at 6.25 percent, according to a new report from Wilmette, IL-based The Boulder Group.
“As the Federal Reserve continues to implement its monetary policy there is investor expectation that cap rates should trend upward in 2019,” says Randy Blankstein, president and founder, The Boulder Group. “The majority of property owners believe we are in the last stages of the current real estate cycle.” . . . more