INDIANAPOLIS—In this <B>UPDATE</B>, Rebecca Wells from JLL explains how single tenant net lease investors frequently must settle for low cap rates in core cities, but can get a 200 bps to 300 bps premium in secondary markets.

MASHANTUCKET, CT—The $120-million Tanger Outlets at Foxwoods, which is under construction here, is scheduled to have its grand opening on May 21, 2015.

NEW YORK CITY—At the fourth CRE//Tech Intersect event, 53 industry technology providers showcased their wares while over 300 attendees discussed the future of CRE and innovative tools to make the research and transaction processes more efficient.

WEST PALM BEACH, FL—Brokerage firm Marcus &amp; Millichap reports it has brokered the sale of 32 units in The Edge Condominium, a 307-unit property here for $6.5 million.