RealShare EXCLUSIVE: Demand Far Outweighs Supply

NEW YORK CITY-Supply and demand was a key topic of the day during the RealShare Net Lease conference, which was attended by more than 300 net lease heavy hitters. The event was sponsored by Real Estate Media, parent of GlobeSt.com.In a forum sale-leaseback horizons, Stephen Olson, managing director, CBRE Investors-Global Net Lease Partners, said he’s seen a great deal of activity of late and expects it to continue. “Inventory is limited, demand is the driver,” added Steven Regenstreif, vice president of investment for Marcus & Millichap, noting that the change has been “dramatic and drastic” and that the buying pool is coming from the West Coast.

“It’s very fun being a seller lately, not as much fun being a buyer,” Howard Sands, founding principal of Corporate Partners Capital Group, said. “It’s a very lumpy business.” Brian Scott, senior managing director for CB Richard Ellis, noted that he’s seen a lot of bidders participating in each deal.