Net Lease

The 58 properties spanned 10 states, including 39 properties in Pennsylvania and seven in New Jersey.

The company just acquired Sequoia Plaza I, II & III and has appointed Joseph Neckles as a managing director focused on originating single-tenant office and industrial acquisition opportunities.

The property has modest near-term rollover, and several of the tenants with expiring leases are currently negotiating renewals.

In an <b>EXCLUSIVE</b> interview with Bill Caruso, an associate director at Stan Johnson Co., we learn what characteristics are key to look for as a buyer in today's market.

These vehicles have been growing in popularity for years but in the last 12 months activity has jumped.

The change in net lease property cap rates during the second quarter showed mixed results, with retail cap rates experiencing their greatest quarterly increase since 2011, while office and industrial rates compressed.

“Investors responded very favorably to this offering given the uniqueness of the asset and the property's superb location,” says HFF's José Cruz.

While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.