Net Lease

Research

A Sector-by-Sector Look At Net Lease Cap Rates

Erika Morphy | August 21, 2018

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year.

Commentary

Net Lease Breaks Tradition with the Typical CRE Summer Slowdown

Jonathan Hipp | August 15, 2018

Early indications show that 2018 is holding true to form, except in net lease. The slower than normal pace this year for the wider commercial real estate industry is more likely due more to cycle than season.

As Triple Net Deals Get Harder, Lenders Make Them Work Anyway

David Wilkening | August 13, 2018

Rising interest rates, increasing land costs and higher construction costs are having an impact but lenders like Joe Taggart and Vince Chillura are still pushing them across the finish line.

Colliers In South Florida Adds Net Lease Option

David Wilkening | August 07, 2018

Major advantages to net lease lead latest major company to join ranks.

Albertsons, Greycroft Launch Grocery Store Innovation Fund

Erika Morphy | August 06, 2018

The fund will invest $50 million in emerging companies and technologies in the grocery sector.

MBRE Healthcare Buys 3 MOBs For $35M

Adele Carter | August 05, 2018

"We continue to see institutional investors recognize medical office buildings as a viable core product for their portfolios."

Research

Institutional Buyers Hit Pause on Dollar Stores

Brian J. Rogal | August 03, 2018

Dollar stores proliferated across the US as the economy sank into a recession, but instead of tapering off, demand for the sector’s cheap goods increased after a recovery took hold.

Speed Is Important When Filling Big Box Retail

Brian J. Rogal | August 02, 2018

Municipalities that realize the old retail is probably not coming back can play a key role in fostering adaptive reuse.

Commentary

What Happened to Net Lease Over the Last Quarter?

Jonathan Hipp | July 30, 2018

Cap rates overall have seen an up-tick, but at a manageable pace, while core assets continue to trade at historically aggressive pricing

REIT Executive Compensation Rose 7% in 2017

Erika Morphy | July 25, 2018

2018 was the first proxy season for CEO pay-ratio disclosure and the results show a significant variance in pay levels for REITs.

The New MOB: Leaner, Greener and More Digital

Erika Morphy | July 23, 2018

An evolution in the medical office space is creating a schism between the traditional buildings and the modern medical office building.

Brick-and-Mortar Retail Can Thrive In the Internet Age

Brian J. Rogal | July 20, 2018

Landlords and investors just need to perform more due diligence when leasing and buying properties in the age of e-commerce.

Net Lease Investors Drive $129M in 1H2018 Property Sales for CBRE

Steve Lubetkin | July 20, 2018

The 58 properties spanned 10 states, including 39 properties in Pennsylvania and seven in New Jersey.

PRP To Focus On Building Net Lease Office Holdings

Erika Morphy | July 17, 2018

The company just acquired Sequoia Plaza I, II & III and has appointed Joseph Neckles as a managing director focused on originating single-tenant office and industrial acquisition opportunities.

Mission Capital Markets 90K SF Atlanta Retail

Steve Lubetkin | July 11, 2018

The property has modest near-term rollover, and several of the tenants with expiring leases are currently negotiating renewals.

Looking for Your Next “Good Dirt” Investment?

Natalie Dolce | July 05, 2018

In an EXCLUSIVE interview with Bill Caruso, an associate director at Stan Johnson Co., we learn what characteristics are key to look for as a buyer in today’s market.

The Growing Appeal Of Delaware Statutory Trusts

Erika Morphy | July 05, 2018

These vehicles have been growing in popularity for years but in the last 12 months activity has jumped.

More Net Lease Properties Hitting the Market

Brian J. Rogal | July 03, 2018

The change in net lease property cap rates during the second quarter showed mixed results, with retail cap rates experiencing their greatest quarterly increase since 2011, while office and industrial rates compressed.

Perth Amboy Cold Storage Facility Sold to Broadstone Net Lease

Steve Lubetkin | July 03, 2018

“Investors responded very favorably to this offering given the uniqueness of the asset and the property’s superb location,” says HFF's José Cruz.

Commentary

Did Amazon’s Acquisition of Whole Foods alter the Net Lease Grocery Sector?

Jonathan Hipp | June 28, 2018

While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.

News

Store REIT Sells Pittsburgh Asset in 1031 Exchange

Steve Lubetkin | June 26, 2018

A private East Coast buyer in a 1031 Exchange purchased the asset free and clear of existing financing.

Thought Leadership

Sale-Leasebacks Gain New Appeal for Retail Owner/Occupiers

John Salustri | June 25, 2018

Single-tenant retail investments could get a boost from tax reform, according to Marcus & Millichap.

News

Showfields Signs NNN Lease with RFR for 11 Bond Street

Betsy Kim | June 22, 2018

The direct-to-consumer retail outlet store will occupy the entire NoHo building.

LeaseQuery Names Peter Garza VP of Marketing

Steve Lubetkin | June 22, 2018

LeaseQuery helps accountants and other finance professionals eliminate lease accounting errors through its CPA-approved lease accounting software and implementation process.

Middle-Market Digest

Middle Market Digest-The Midwest

Brian J. Rogal | June 22, 2018

The latest deals, projects and personnel moves in the Midwest region.

Commentary

Is the Rite Aid-Albertson’s Merger in Trouble?

Jonathan Hipp | June 21, 2018

The proposed merger has been met with mixed reactions. Find out what it means to net lease investors.

News

Calkain Opens Office In New York City

Erika Morphy | June 20, 2018

The company has hired Michael Heneghan to open and run the office.

News

W.P. Carey, CPA:17 To Merge In $6B Deal

Erika Morphy | June 18, 2018

The transaction will give W.P. Carey a pro forma enterprise value of $17.3 billion.

Commentary

Dialysis Clinics: The True Commodity Asset of the Healthcare Net Lease Sector

Colin Cornell | June 08, 2018

While no industry is completely immune from technological advances that could jeopardize future growth and sustainability, dialysis services are projected to increase in the coming years.

One of Largest Childcare Portfolios Sold Intact

Lisa Brown | June 06, 2018

The portfolio was purchased by an institutional investor for $57 million and was encumbered by CMBS debt, but selling it intact circumvented defeasance penalties that would have been triggered by carving up.

Changing Capital Flows, Push into Secondary/Tertiary Markets

Natalie Dolce | June 05, 2018

The main driver for increased activity in secondary markets in 2017 was net lease office assets, says Jason Dewitt, SVP of JLL Capital Market, Net Lease in this EXCLUSIVE Q&A on the subject.

B+E To Launch Triple Net Trading Platform At RECon

Erika Morphy | May 21, 2018

Brokers + Engineers is also announcing a joint venture with RCX Capital Group at RECon this week.

Thought Leadership

Net-Lease Rides Wave of Retail’s True Fundamentals

John Salustri | May 21, 2018

While interest rates will bear watching--and don’t they always--retail in general, and net lease properties specifically, are riding a growth wave.

Thought Leadership

Car Washes Are Outshining Their Net Lease Competitors

Geoffery Metz | May 15, 2018

Interest in the property type is gaining, and for good reason, says Jeff Lefko of Hanley Investment Group.

Casual Dining Making Millennial-Focused Adjustments

Brian J. Rogal | May 15, 2018

The negative publicity caused by the struggle of Applebee's has changed how investors view the sector.

Favored Asset Class in SLB Space is Industrial

Natalie Dolce | May 11, 2018

According to Stan Johnson Co. associate director, Katie Elliott, mission critical industrial facilities are high on the investor radar, even outside of primary markets.

The Resurgence of Retail Banks

Natalie Dolce | May 09, 2018

It is a great time to be a net lease investor, according to Lanie Beck, director of research at Stan Johnson Co., who just chatted with GlobeSt.com EXCLUSIVELY on the subject.

Thought Leadership

Winning the Lottery Against Amazon Takeover

Geoffery Metz | May 07, 2018

The threat of digital obsolescence has left the convenience store category untouched and investors should take note, says Hanley Investment Group’s Jeremy McChesney.

Retail Investment Market Stays Balanced

Brian J. Rogal | May 07, 2018

The discipline shown by many players in the sector means investors have opportunities.

Commentary

10-Year Treasury Note Hits 3% and Its Impact on Net Lease

Jonathan Hipp | May 04, 2018

With the risk-free rate moving up, investors will expect returns on their investments to trend in the same direction.

News

Spirit Realty Sets Date for REIT Spinoff

Erika Morphy | May 02, 2018

On June 1 Spirit Realty’s shares will continue to trade on the NYSE under "SRC," and Spirit MTA REIT will begin trading under "SMTA."

Buckhead-Based Angel Oak Enters CRE Financing Space

Steve Lubetkin | April 24, 2018

“There is a lending void in specific segments of commercial real estate, especially those under $5 million in size,” says Ben Easterlin V, senior vice president of commercial lending at Angel Oak, and managing director of the new commercial lending arm.

How to Properly Vet a Grocery Tenant

Kelsi Maree Borland | April 19, 2018

Grocery tenants are the holy grail for retail owners, but not all grocery tenants are created equal.

Capri EGM Finances, Acquires New Global Headquarters

Brian J. Rogal | April 19, 2018

The company does net lease deals a bit differently, but it results in cost savings for developers and tenants.

Decillis Jumps from Onyx to MD Slot at Cushman & Wakefield

Steve Lubetkin | April 18, 2018

Decillis will focus on agency leasing, tenant representation and multimarket account work.

Event Coverage

RealShare Recap: Net Lease 2018

Sule Aygoren | April 17, 2018

Didn’t make it to the recent RealShare Net Lease 2018 conference? We’ve got you covered with highlights from the event in our exclusive slideshow.

Detroit Industrial Market Keeps Rising

Brian J. Rogal | April 17, 2018

A market once highly dependent on the auto industry has seen the proliferation of bulk warehouses devoted to e-commerce, logistical facilities, and medical supply buildings.

Rate Concerns Have Investors Tapping Brakes

Lisa Brown | April 16, 2018

Some buyers seem to be taking the wait and see approach, while others are still active but more selective as many begin to realize that a slight shift is occurring, Hudson says in this EXCLUSIVE.

Commentary

Category Killers are Officially Dead

Gabriel Navarro | April 16, 2018

While the high yields, relative to grocery-anchored shopping centers may look attractive, shopping center investors should give much thought to whether the risk is worth the potential reward.

JLL’s List of Weird and Wonderful Food Trends

Erika Morphy | April 16, 2018

People who eat at the mall deliver 12% more sales revenue and 35 minutes of extra time than people who don’t.