From left: Glen Kunofsky, Barclay Jones, Gordon Whiting, Andrew Fallon, Sean Cutt, Gino Sabatini
NEW YORK CITY—E-commerce is not going away. So, Jimmy Goodman, a partner at the Boulder Group, moderating the “State of the Industry” panel at GlobeSt.com's annual Net Lease Conference asked experts how is it affecting their strategies?
“Almost every transaction we do institutionally today is more and more geared around, 'Is it an internet resistant type business?'” said Glen Kunofsky, executive managing director of investments at Marcus & Millichap.
He noted although people may think the private market is less sophisticated, it doesn't have to report to boards, analysts and investors. So, the private market can be much more flexible. As a result, Kunofsky is seeing it's filling a gap.
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