Top Broker Honoree: Sands Investment’s Chris Sands

Chris Sands of Sands Investment Group closed $1.3 billion in sales in 2017. Based in Mount Pleasant, SC, he focuses on net-leased retail properties. His top deals in 2017 include:

– $123-million sale of a portfolio of eight grocery stores, which traded at a 4.85% cap rate.

– $73-million sale of the 10-store Regal Cinema portfolio, which traded at 7% cap rate.

– $17.25-million sale of 12 gas stations. The sale-leaseback traded at a 6.9% cap rate.

Sands began his career in real estate in 2004 at Marcus & Millichap, where he was named Rookie of the Year. His firm has product type specialists within each of the sub-sectors of the net lease market. Each specialist has a hyper-focus, niche approach to their submarket, cultivating the market knowledge that allows them to add value.

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