Nov
16

So Many Buyers in Net Lease Space

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Want to know more about a thriving sector? Don’t miss RealShare HEALTHCARE REAL ESTATE. Mixing business with pleasure, catch networking and expert opinions in Scottsdale this December 1-2.

The “Opportunities” panel discussed the opportunities in sale-leasebacks and the advantages of build-to-suit developments.

LOS ANGELES—Why are sale-leasebacks and build-to-suit deals so popular? According toAndrew White, CCIM, managing director of the western region at Gladstone Commercial REIT, and a moderator at the recent RealShare Net Lease West conference here, the answer is because “Cap rate spread to treasury is still high.”

The “Opportunities” panel discussed the opportunities in sale-leasebacks and the advantages of build-to-suit developments. PanelistPeter Deltondo, director of Marcus & MillichapNet Leased Retail Group, said that the most aggressive capital he is seeing in this space is from the 1031 buyers. “Most of them are coming out of the apartment sector and they are paying the most aggressive cap rates.”…

So Many Buyers in Net Lease Space

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