SAN JOSE, CA—Private real estate equity and development firm DJM Capital Partners, Inc., says it is applying its value-add approach to a new arena—single tenant net lease retail. Seasoned retail real estate veteran Robert Brown will lead DJM's new single tenant net lease retail (NNN) practice, while steering the company's overall acquisition effort, in his role as senior vice president – acquisitions.

“We've considered for some time expanding our footprint of investment opportunities and providing a current yield option for our partners,” says DJM Capital Partners Founder and CEO, John Miller. “With our proven track record and our recent successful recapitalizations, the time is right to add a Single Tenant Net Lease Retail Division and we've hired one the industry's top experts—Bob Brown—to lead the charge.”
Brown will leverage more than 15 years' experience in retail real estate investments and oversee all aspects of the acquisition and evaluation process for DJM Capital Partners across its specific asset classes. Prior to this new position, Brown was the chief investment officer for A&C Ventures, where he spearheaded the acquisition and financing of a $600 million portfolio of Single Tenant Net Lease properties. Brown will be based in DJM's Sonoma, California office with Russ McNeill, SVP-Equity Funding.

“DJM's competitive advantage lies in finding creative solutions to complex situations involving underperforming or improperly capitalized assets,” says Brown. “In the NNN space, the key is to unearth opportunities that other people miss—and DJM is ideally positioned to identify and add value to these assets. Our firm's continued focus will be on retail, and we will capitalize on our existing tenant relationships to succeed in the NNN space.”