LAS VEGAS—Irvine, CA-based Hanley Investment Group is one of the firms at the forefront of single-tenant retail investment in the U.S. Eric Wohl, President of HIG NNN, the single-tenant net-lease division of Hanley Investment Group, told us about some of the trends he sees in this hot area of retail. He shares the tenants making headway in this sector, the types of investors interested in these assets, the triple-net-lease lending picture and what he's seeing at this year's RECon event.

GlobeSt.com: A lot of people consider multi-family and retail the hottest sectors in commercial real estate investment. Are you in agreement?

Wohl: If you compare multi-family to the net-lease market, they're both extremely hot right now. In the commercial real estate world, aside from apartments, single-tenant retail is definitely the commercial sector with the most activity. Net-lease cap rates have compressed in some instances up to 100 basis points over the past 12 months as investors are finally getting off the fence and deploying their capital. They've been sitting on the sidelines for the past two or three years, waiting for the right time, and now they are increasingly jumping into a market with limited supply creating a strong pent-up demand for this product type.