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Net Lease Cream Rises To The Top

MIAMI—Calkain's David Sobleman discusses the state of the net lease market--and how the cream rises to the top--with GlobeSt.com's Jennifer LeClaire

By Jennifer LeClaire | Updated on June 26, 2013

MIAMI—Although the single tenant real estate market is overly popular, who or what in our industry is actually thriving and being successful in this period of a declining cap rate yield curve is rarely discussed. So says David Sobelman, executive vice president of Calkain Companies.

In 2009, Sobelman was talking about the apparent high rate of attrition in the net lease brokerage community: Brokers couldn’t afford to be brokers, developers couldn’t develop, tenants shut down plans for new stores and closed existing locations. So what happened to everyone that hung in there and stuck it out? As Sobelman sees it, the cream has risen to the top.

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