NORTHBROOK, IL-While investor interest in core net lease assets has returned in full force, investor demand for opportunistic net lease assets is just now beginning to return, according to Randy Blankstein, president of The Boulder Group.

“People expected the opportunistic market to take off this year, and we’re seeing that in a limited way,” Blankstein tells GlobeSt.com. “They’ve branched out to assets with shorter-term leases, which are higher-yielding, less conservative investments. But the shorter-term leases only apply to the top 20 metro areas and the deals still have to be corporate credits.”

Historically, opportunistic net lease deals differentiated themselves from core deals in three ways – they had shorter-term leases, they were located in secondary markets and they were guaranteed by private or franchise credit.