LAS VEGAS—Irvine, CA-based Hanley Investment Group is one of thefirms at the forefront of single-tenant retail investment in theU.S. Eric Wohl, President of HIG NNN, the single-tenant net-leasedivision of Hanley Investment Group, told us about some of thetrends he sees in this hot area of retail. He shares the tenantsmaking headway in this sector, the types of investors interested inthese assets, the triple-net-lease lending picture and what he'sseeing at this year's RECon event.

GlobeSt.com: A lot of people consider multi-family andretail the hottest sectors in commercial real estate investment.Are you in agreement?

Wohl: If you compare multi-family to thenet-lease market, they're both extremely hot right now. In thecommercial real estate world, aside from apartments, single-tenantretail is definitely the commercial sector with the most activity.Net-lease cap rates have compressed in some instances up to 100basis points over the past 12 months as investors are finallygetting off the fence and deploying their capital. They've beensitting on the sidelines for the past two or three years, waitingfor the right time, and now they are increasingly jumping into amarket with limited supply creating a strong pent-up demand forthis product type.