Amar Goli
Charlotte, NC—Sands Investment Group has opened a new office in Charlotte, NC, led by Managing Director Amar Goli. The net lease company picked the city in part because of its dynamic fundamentals and in part because its new hire, Goli, has roots in the area, according to founder and CEO Chris Sands.
This is the fifth office Sands has opened since its launch ten years ago and the company is poised to open a handful of other offices in the coming months and years, Sands tells GlobeSt.com. “We have existing plans for other strong markets like Charlotte. We have discussions for at least one other office this year and have the potential to open two to three offices per year.” The company is looking to expand in the Northeast, South Florida, Chicago, Denver and Dallas, he says.
Key to the final site selection decision will be finding the right managing director to head the office, much as recruiting Goli was a linchpin to opening the office in Charlotte. “We must have quality people that fit within our culture and who can help meld together our growth,” Sands says.
Goli joined Sands from CBRE, where he was a vice president in the Greater Los Angeles area focusing on net lease properties. He was also an Associate Director at Stan Johnson in LA. “Amar wanted to move closer to where he grew up,” Sands explains.
The fundamentals of the Charlotte market, of course, was also a driver behind Sands' decision to open an office there. Charlotte is sprawling city in the Southeast in terms of opportunity and talent pool, Sands says. It also has a lower cost of living compared to other major cities in the region, he adds. “Charlotte provides something very unique,” Sands says.
Goli as well points to the growth and opportunity in Charlotte, which has about 70 people moving there every day. “I am excited to build an exceptional and diversified office focused on single and multi tenant net lease,” he says.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
