Right now, BV Net Lease Capital has a property under contract in Chicago, along with three other deals that managing member David Piasecki expects the firm will be in the final two or three for the next round of offers. It’s a good start for a year in which the Blue Vista Capital Management affiliate hopes to close $150 million in net lease transactions. If nothing else, these four transactions reflect a marked improvement from the challenges faced in 2024.
"Most of us went into the beginning of this year with more optimism than last quarter," Piasecki notes, observing an uptick in activity and viable product over the past few months. This positive trend has left Piasecki "moderately encouraged" about the prospects for 2025.
Piasecki is speaking at GlobeSt.com’s Net Lease Spring conference, being held on April 1 in New York City.
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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.
