Sale-Lease Market Continues to Thrive

SAN FRANCISCO-“The sale-leaseback market continues to thrive. Current market dynamics are optimal, allowing companies to strengthen their balance sheet at the lowest sale-leaseback rates in the last five years.” So says San Francisco-based John Glass, a senior vice president of investments and senior director of the national retail group of Marcus & Millichap, who recently chatted with GlobeSt.com on the subject of net-leased properties.

Glass has—over the first six months of 2012—closed $84.4 million in single-tenant net-leased property sales, and points out that by repositioning their balance sheets through a sale-leaseback, “companies are also able to tap additional sources of both short- and long- term credit facilities at historically low rates.”