Agree says net-lease retail is showing dramatic improvement

07/9/2010 | REIT.com

The net-lease retail space has made remarkable progress since last year -- and particularly within the past 60 days, says Joey Agree, president and chief operating officer of Agree Realty Corp. "We have seen velocity pick up, cap rates continue to compress, liquidity is flowing back in," he says. Rental rates are bouncing back, albeit slowly, he adds.

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