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KLNB's Net Lease Group Launches with $100M Pipeline

WASHINGTON, DC—The Single Tenant Net Lease Group will be adding a new hire within three months, Peter Snell tells GlobeSt.com's Erika Morphy.

By Erika Morphy | Updated on April 15, 2014

WASHINGTON, DC—KLNB Retail has launched a Single Tenant Net Lease Group, which will be managed by industry veterans Peter Snell, who has been named director, and Rich Sillery, who will be an investment associate. The group, which is national in scope, is launching with an approximate $100-million pipeline, Snell tells GlobeSt.com.

The group is handling a wide array of assets from drugstores to fast food restaurants to bank pads to gas stations to the ubiquitous Starbucks, Snell says. In fact, the group is closing a Starbucks deal on Wednesday in Oklahoma.

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