Search
 

Net Lease Has Room to Run

NEW YORK CITY—The sector appears poised to continue thriving, according to industry professionals who spoke at RealShare Net Lease earlier this week.

Build-to-Suit panel cropped “The net lease national investment sale markets have grown from $30 billion to $40 billion in 2006 to $50 billion to $60 billion in 2015,” says Joshua Pardue, senior director, Stan Johnson Co. (far right).

NEW YORK CITY—A high volume of deals, and continued interest in a variety of sectors, have left the net lease space in good stead—market conditions that are likely to continue throughout this year, according to industry experts who spoke last week at RealShare Net Lease here.

“Our first quarter was great,” declared Gino Sabatini, managing director, W. P. Carey. “Including the beginning of the second quarter, we closed $600 million, including a deal with a private school operator in a 25-year sale leaseback deal with a 7.2% cap rate.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.