Projected increasing interest rates have caused buyers to become more cautious in their purchasing choices, and, in many cases, sale cycles are taking more than in previous decades. For that reason, it's important to be tactical in correctly pricing assets for sale to appropriately engage prospective client interest.
The single-tenant net rental category continues to possess the largest transaction velocity and the maximum number of possible buyers looking for a trip to quality. These buyers especially want properties with new building, long-term corporate ensured leases, and internet-resistant tenants in great locations. They're also showing more willingness to get new investments nationally rather than in their local market.