The effect of COVID-19 could lead to increased demand for real estate—think about the need for social distancing in business, government and entertainment venues—or lower demand as virtual work expands.

In advance of our upcoming GlobeSt. Net Lease national conference in New York City, Glen Kunofsky, executive managing director of investments at Marcus & Millichap, says investors are seeking experiential properties as opposed to traditional retail net leases.

The firm sourced the joint-venture equity on behalf of its client, for a 346-unit, Opportunity Zone development.