LOS ANGELES—"2015 is likely to exceed 2007 peak sales volume." That was according to Maurice Nieman, SVP of CBRE, at the RealShare Net Lease West conference here Thursday.

The moderator of the "Town Hall Power Panel: State of the Market," asked industry leaders to reflect on the net lease state of the market and discuss recent trends and challenges. According to Nieman, looking at CMBS, originations and underwriting stats, 2015 will be the new 2008. He also anticipates a good 2016 and 2017 as well, adding that "we are probably in the sixth inning."

When asked where to look to buy, panelists pointed to tech clusters and primary markets. "Tech clusters achieve premium rents, about 11% higher than other places," said Nieman. "The other thing is to look at where talent is being requested."

He pointed to cities like Boston, Minneapolis, Pittsburgh, Richmond, Atlanta, Austin, Salt Lake City as examples of hot spots. "Those are some of the places to make money."

Another thing to look at, Nieman said, is to look the demographic shift of the workforce.

One other trend he pointed to is the global trend of reurbanization. "People are moving from the suburbs back to the cities."

Another interesting statistic Nieman pointed to was the overall sales in lifestyle centers or grocery anchored shopping centers, where restaurant sales exceed grocery sales. "Things are changing."

A few other things disrupting or changing the industry that panelists noted is temporary office space and rethinking the supply chain.

Switching gears, when Nieman asked panelists what they are currently seeking, Gino Sabatini, managing director and head of net lease investments at W. P. Carey, said that his firm is looking for long-term leases, 15 years or greater would be ideal, and somewhat weaker credits.

For panelist Gordon Whiting, managing director of Angelo, Gordon & Co., one thing that helps set his company apart is not shying away "from companies that we think are heading into bankruptcy or out of bankruptcy… We have local operating partners around the country and get to leverage off them to get real local knowledge."

Making quick decisions is key for Sabatini. "We are sourcing opportunities from all over the world. We are unique in our ability to act quickly in complicated transactions around the world."

What sets Global Net Lease apart, according to VP Brian Mansouri, is not where or what the firm buys, but how it buys. "The way in which we transact helps us stand out," he said. "We are nimble and are able to compete in a space that is dominated by a lot of private individuals. We are able to close quickly, move quickly and pay all cash. Those who are vying for those deals typically can't do that."

Stay tuned for more coverage from the RealShare Net Lease West conference, where panelists look more in depth at what deals are what deals are being made and where you should look next to succeed in 2016 and beyond.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.