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Cole Cos.' Chris Robertson

'Cap rates haven't moved enough to make these new quotes make sense.'

By Michelle Napoli | Updated on October 05, 2007

Phoenix-based Cole Cos. has been on a growth track, purchasing more than $1 billion of properties in the first eight months of 2007. It has added 65 employees since January to handle its expanding portfolio, which now includes 14.6 million sf of owned or managed properties worth $2.4 billion. The company is a sponsor of non-traded REITs and 1031 exchange TIC programs and has a growth opportunity fund. Although it purchases multi-tenant properties and, on a selective basis, single-tenant office and industrial buildings, its primary focus is on single-tenant retail assets. This conversation with with SVP of acquisitions Chris Robertson originally appeared in the most recent issue of Net Lease forum.

NLf: Can you give us a quick history of the company?

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