October 2024
Lukas Huberman of BLT Enterprises on some golden rules for investors today.
In the volatility of today’s market, net lease assets have been ports in a storm. Many see net lease properties as a steady stream of cashflow with minimal landlord obligations, which can be true. However, there are pitfalls for net lease owners to avoid. This is especially valid in the current environment, where even tried-and-true industrial markets like Southern California are seeing some softening. For the Los Angeles industrial market in the second quarter, for example, a recent report shows overall vacancy for industrial properties was up 5.3 percent, while rental rates for triple net lease properties were down $1.53 per square foot.
