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Net Lease Has Room to Run

NEW YORK CITY—The sector appears poised to continue thriving, according to industry professionals who spoke at RealShare Net Lease earlier this week.

By Rayna Katz | raynakatz | Updated on April 15, 2016

Build-to-Suit panel cropped “The net lease national investment sale markets have grown from $30 billion to $40 billion in 2006 to $50 billion to $60 billion in 2015,” says Joshua Pardue, senior director, Stan Johnson Co. (far right).

NEW YORK CITY—A high volume of deals, and continued interest in a variety of sectors, have left the net lease space in good stead—market conditions that are likely to continue throughout this year, according to industry experts who spoke last week at RealShare Net Lease here.

“Our first quarter was great,” declared Gino Sabatini, managing director, W. P. Carey. “Including the beginning of the second quarter, we closed $600 million, including a deal with a private school operator in a 25-year sale leaseback deal with a 7.2% cap rate.”

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