NEW YORK CITY—It's been no secret that domestic investors are vying for single-tenant retail properties as low-maintenance, high-yield places to place their money. Now, foreign players are entering the fray. That's the view of Scott Hook, executive director at Coldwell Banker Commercial Alliance.
As part of GlobeSt.com's coverage of this year's ICSC New York National Deal Making conference, we met up with Hook for this EXCLUSIVE interview. (Coldwell will be presenting at booth 536.) Hook told us why foreign investors are interested in this asset class, what parts of the country they are looking in and what the future will bring for the single-tenant retail sector.
GlobeSt.com: You have said there is interest from foreign investors in the single-tenant retail space. Why is that?
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