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Expert: Caution is Warranted in the Net Lease Market

LOS ANGELES—Some of the assets that are perceived as trophy assets today are actually the most risky, said William Lenehan, CEO of Four Corners Property Trust, who served as RealShare Net Lease West keynote speaker on Wednesday.

By Natalie Dolce | nataliedolce | Updated on November 03, 2016

William Lenehan, CEO of Four Corners Property Trust. William Lenehan, CEO of Four Corners Property Trust.

LOS ANGELES—“Trends are contractual in net lease.” That is according to William Lenehan, CEO of Four Corners Property Trust.

Lehehan served as the keynote speaker at RealShare Net Lease West conference on Wednesday and explained that Four Corners Property Trust seeks to acquire nationally recognized branded restaurants that are well located with creditworthy lease guarantors. He also said they look to purchase assets only when accretive to cost of capital.

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