Cap rates for properties occupied by high-quality tenants, such as 7-Eleven, have achieved cap rates between high 4 percent and low 5 percent in the fourth quarter of 2017.
There are several headwinds that need to be addressed—if not this year, then soon, some industry experts say.
The competition between mezzanine lenders is keeping interest rates relatively low for mezzanine loans, even though short-term interest rates overall are rising.
Commercial real estate pros remain bullish on the outlook for the industrial space.