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Industrial NNN Deals Hit Record $18.4B in Q4 as Logistics Demand Surges
E-commerce growth and reshoring drive warehouse net lease transactions
February 27, 2026•schedule2 min read•Source: Real Capital Analytics
Warehouse and logistics net lease transactions surged 31% year-over-year, driven by Amazon's 22M SF expansion and FedEx's last-mile distribution network buildout. Industrial NNN cap rates averaged 5.8% nationally.