LAS VEGAS—“Business has been incredible.” So says Harold Briggs, executive managing director of Stan Johnson Co., in a statement of undeniable confidence. He reports that the net lease business is up 15% year-over-year and that his shop is outpacing even that. But why? There are a number of factors, as he explains to GlobeSt.com in this exclusive interview from the show floor of RECon 2014. Not the least of these is hungry investors—some of them new to the playing field—but all of them piling on.
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Q: As the multi-tenant investment market recovers, how is it affecting the velocity of single-tenant net lease deals?
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
