Stan Johnson Co.continues its Southern California expansion with the launch of itssecond Los Angeles office. Net lease expert PatWeibel has joined the firm as director to help open thenew location. He brings 15 years of experience to the firm, and hasrepresented clients in $5 billion worth of real estatetransactions.
"Our clients are driving our expansion, and it's important thatwe continue to grow in those markets that are in close proximity toour clients," Weibel tells GlobeSt.com. "Our goal is to selectivelyhire talented advisors in strategic markets, which will helpfacilitate communication and long-term relationships, and allow usto provide our clients with the services they need, even beyond thenet lease market."
The net lease market is also on fire in Southern California,helping to drive expansion for the firm. "The combined markets ofLos Angeles, Orange County, and San Diego saw their strongest yearever, with more than $7.4 billion in single-tenant net leaseinvestment sales volume reported in 2019," says Weibel."Furthermore, third quarter 2019 was the most active quarter onrecord with more than $2.5 billion reported across these threemetros."
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