Net-Trade.com, which claims to be the first multiple listing service exclusively for net-lease products, announced it has gone live. "The platform enables net lease stakeholders, including owners, investors, and brokers, to effortlessly exchange properties, including retail, restaurant, fast food/QSR, gas station, and other assets leased under net terms," the company said. "As headwinds mount and transaction volume slows, Net-Trade.com delivers a convenient, efficient, and custom-tailored platform that allows both sides of the transaction to cost- and time-efficiently source, vet, and market net lease properties."

The site says that it has partnerships with a number of net-lease brokers at national firms, though on follow-up after one of the companies questioned the statement, the firm's PR representative said they didn't have relationships with the firms themselves. The company claims to already have about 1,200 listings of properties on the market.

"We created Net-Trade.com to address the gaps in functionality, data quality, and service left by generalist commercial real estate MLSs," B. Quentin Foster, founder and CEO of Net-Trade Ventures said in prepared remarks. "Our platform makes it easier, enjoyable, and profitable for principals and their representatives to find and sell net lease properties — and build their brands. We identified this need by listening to recurring complaints about listing sites I've heard over my years in developing MLS solutions and working in net lease."