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Stan Johnson Company Completes Sale of Horse Ranch in Monroe WA

Eight-Acre Horse Ranch Sells to Nevada Investor

Seattle & Northwest + Seattle + Net Lease | August 9, 2022

Newmark Completes AHF Products’ 1M-SF Sale-Leaseback

Chicago & Midwest + Midwest + Net Lease | August 3, 2022

Starbucks-Anchored Strip Center Trades in Palos Heights

Chicago & Midwest + Greater Chicagoland + Net Lease | August 10, 2022

Marcus & Millichap vice president Brian Parmacek closed the sale of a Starbucks-anchored strip center in Palos Heights, IL

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Latest Atlanta & Southeast Net Lease Stories

RealSource Group has completed the $4.3-million pre-sale of a net-lease investment occupied by Mach-1 Express Car Wash in Huntsville, AL.

Investor Drives Off with $4M Single-Tenant, Net-Lease Car Wash in Huntsville

Atlanta & Southeast + Southeast + Net Lease | June 20, 2022

RealSource Group has completed the pre-sale of a new construction, single-tenant net-lease investment occupied by Mach-1 Express Car Wash at a new Publix grocery-anchored shopping center in Huntsville, AL. The sale price was $4.3 million. Austin Blodgett of RealSource, in association with ParaSell, Inc., represented the seller, a private developer, and the buyer, a 1031 …

MDH Partners has acquired a 138,670-square-foot industrial property in Danville, VA from AeroFarms for $19.1 million.

MDH Partners Plants $19M on Indoor Vertical Farming Industrial Facility

Atlanta & Southeast + Atlanta + Net Lease | June 7, 2022

Atlanta, GA-based MDH Partners has completed the $19.1-million purchase of a 138,670-square-foot industrial property in Danville, VA. Seller AeroFarms, a corporation engaged in indoor vertical farming, simultaneously leased back the property under a net lease with an initial term of 20 years. “MDH Partners is extremely excited to own the AeroFarms Danville property due to …

Latest Boston & New England Net Lease Stories

JRW Realty has facilitated the $13-million sale of a property occupied by Hannaford Grocery in Gardner, MA.

JRW Realty Closes $13M Sale of Net-Leased Hannaford Grocery in Gardner

Boston & New England + New England + Net Lease | April 6, 2022

JRW Realty has facilitated the $13-million transaction of a 42,293-square-foot, single-tenant net-leased property occupied by Hannaford Grocery in Gardner, MA. Leanna Tatikian under the guidance of Melinda Marston represented the buyer while NNN Investment Advisors represented the seller. “One of our buyers’ key criteria is stable tenants, such as pharmacies and grocery stores,” said Marston. …

JLL has closed the $21.7 million sale-leaseback for an industrial warehouse in Medway, MA.

Lincoln Property Buys $22M Medway Industrial Asset in Sale-Leaseback Deal

Boston & New England + Metro Boston + Net Lease | March 11, 2022

JLL has closed the $21.7 million sale-leaseback and arranged $14.5 million in acquisition financing for a 120,000-square-foot industrial warehouse and office building in the Boston-area community of Medway, MA. Lincoln Property Company acquired the asset from Spencer Technologies and entered into a long-term lease with the seller for it to continue to fully occupy the …

Latest California Net Lease Stories

Hanley Investment Group Arranges $6.3M Sale of Redondo Beach Single-Tenant Salon Suite

Redondo Beach Single-Tenant Salon Suite Fetches Record Pricing

California + Los Angeles + Net Lease | August 2, 2022

Hanley Investment Group has arranged the $6.3 million sale of a single-tenant, net-leased retail asset occupied by Phenix Salon Suites in Redondo Beach, CA. According to the firm’s Executive Vice President Bill Asher, the sale represented record pricing for a single-tenant salon suite concept nationwide. The buyer was a private Manhattan Beach, CA investor. “Buyers …

SRS NNLG Reports 2022 Second Half Will See a Flight to Safety

SRS NNLG: Investors Flight to Safety in Second Half of 2022

California + Orange County + Net Lease | July 7, 2022

SRS Real Estate Partners’ National Net Lease Group (NNLG) sees a change in investment strategy for the rest of 2022, as the Newport Beach firm predicts that inflation, a volatile stock market and rising interest rates will produce a drive to income-producing safe haven assets. SRS NNLG Managing Principal Matthew Mousavi said, “While there’s still …

Latest Chicago & Midwest Net Lease Stories

Marcus & Millichap vice president Brian Parmacek closed the sale of a Starbucks-anchored strip center in Palos Heights, IL

Starbucks-Anchored Strip Center Trades in Palos Heights

Chicago & Midwest + Greater Chicagoland + Net Lease | August 10, 2022

Marcus & Millichap closed the sale of a Starbucks-anchored strip center, a 5,222-square-foot retail property in Palos Heights, IL. Terms of the sale weren’t disclosed. First VP Brian Parmacek in Marcus & Millichap’s Chicago Downtown office marketed the property on behalf of the seller, a private investor. The buyer, an out-of-state private investor, was also secured and represented …

The Boulder Group arranged the sale of a net-leased Firestone automotive center in Portage, Indiana in a 1031 exchange

Boulder Group Completes 1031 Deal for Firestone Store

Chicago & Midwest + Greater Chicagoland + Net Lease | August 3, 2022

The Boulder Group completed the 1031 exchange sale of a single-tenant Firestone located at 5947 U.S. Hwy. 6 in Portage, IN for $4,094,000. The firm’s Randy Blankstein and Jimmy Goodman represented the 1031 exchange investor based in the Midwest. The seller of the 6,116-square-foot property was a national development firm. The property is located just …

Latest Florida & Gulf Coast Net Lease Stories

The Becker Organization has purchased the net-leased property at 1351 NW Boca Raton Boulevard in Boca Raton, FL for $18.3 million.

Becker Org Homes In on $19M Buy of Clive Daniel Leased Building in Boca

Florida & Gulf Coast + South Florida + Net Lease | July 13, 2022

Cushman & Wakefield has arranged the sale of Clive Daniel Home, a 68,389-square-foot single-tenant, net-leased commercial property located along the Glades Road corridor in Boca Raton, FL. The final sale price was $18.3 million, equating to $267 per square foot. Scott O’Donnell, Mike Ciadella, Greg Miller, Dominic Montazemi, Miguel Alcivar, Jason Hochman, and Ron Granite …

JRW Realty has facilitated the acquisition of six Walmart Neighborhood Markets in LA for $84 million.

$84M Gets Six Single-Tenant Net-Leased Walmart Markets in Louisiana

Florida & Gulf Coast + Gulf Coast + Net Lease | May 31, 2022

JRW Realty has facilitated the acquisition of six Walmart Neighborhood Markets in LA on behalf of its client for a total price of $84 million. Jennifer Rodriguez Ventura of JRW Realty facilitated the deal on behalf of an institutional buyer with a demand for specific net-leased properties. Alex Sharrin of JLL represented the seller. All …

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Latest National Net Lease Stories

W. P. Carey Finalizes $2.7B Merger with Non-Traded CPA:18 – Global

National + Net Lease | August 1, 2022

Net lease REIT W. P. Carey Inc. (WPC) has completed its $2.7-billion merger with Corporate Property Associates 18 – Global Incorporated, a non-traded REIT for which WPC acted as advisor. The merger adds approximately $2 billion of real estate assets—including 65 self-storage properties—to WPC’s portfolio after asset sales, most of which have been completed. …

There is a new commercial real estate race to invest in auto collision centers

The Race to Invest in Collision Centers

National + Net Lease | July 21, 2022

By Jake Marthens, Matthews Real Estate Investment Services Accidents happen, and no matter how strong e-commerce becomes or if a recession hits the economy, consumers will need their cars fixed. The automobile service and repair industry proved to be one of the most resilient and productive asset classes in commercial real estate throughout the pandemic. …

Latest New York & Tri-State Net Lease Stories

New York Based W.P. Carey in Big Canada Sale Leaseback Deal

New York Based W.P. Carey in Big Canada Sale Leaseback Deal

New York & Tri-State + Net Lease | March 10, 2022

Build-to-suit, sale-leaseback specialist W.P. Carey Inc. has executed a sale-leaseback of a 153,000-square-foot industrial facility in Quebec, Canada. The facility is net leased to Metra Aluminium Inc., the Canadian subsidiary of Metra S.p.A. Founded in 1962, Metra, and its subsidiaries and affiliates, is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, …

The SomraRoad portfolio comprises 50 single-tenant assets, spanning 27 states and 40 unique markets

Newmark Arranges Refi on 50-Asset SomeraRoad Portfolio

New York & Tri-State + Midtown New York + Net Lease | February 9, 2022

Newmark arranged a $525-million loan on behalf of SomeraRoad for the refinancing of a 50-asset, 6.8-million-square-foot, 100% net-leased industrial portfolio, located in markets throughout the U.S. The Newmark team, leveraging local licensees, was led by Jordan Roeschlaub and Dustin Stolly, with Chris Kramer, Nick Scribani and Jake Neeb. The loan was provided by Bank of …

Latest Phoenix & Southwest Net Lease Stories

MaxPixel.net

Tech Company Viavi Expand Footprint in Chandler

Phoenix & Southwest + Arizona + Net Lease | February 24, 2022

In a positive, double-action market move, Viavi Software and Chandler, Ariz., are seeing a need for more space. Having recently relocated its main office from California to Arizona, Viavi now sees more square footage is necessary for its expanding footprint – both for personnel and to accommodate its production facility. Chandler, in parallel, is seeing …

Relationships Pay Off in Connecting 1031 Buyers with Off-Market Properties

Phoenix & Southwest + Phoenix + Net Lease | May 16, 2021

Commercial properties are becoming scarce as more developers and investors are purchasing at record rates. Aside from the limited amount of property available, the due diligence period can take up to three months. But one company, Arizona Land Consulting (ALC), is providing off-market properties to 1031 exchange buyers by utilizing relationships. Founder Anita Verma-Lallian recently …

Latest Seattle & Northwest Net Lease Stories

Stan Johnson Company Completes Sale of Horse Ranch in Monroe WA

Eight-Acre Horse Ranch Sells to Nevada Investor

Seattle & Northwest + Seattle + Net Lease | August 9, 2022

Stan Johnson Company has completed the sale of an eight-acre horse ranch located at 27106 Old Owen Road in Monroe, WA. The firm’s Asher Wenig represented the buyer, a Nevada-based private investor in the 1031 exchange sale, and also negotiated a new lease with the tenant. Terms of the deal were not disclosed. “This was …

Hanley Investment Group Completes $12M Bend Retail Center Sale

Hanley Investment Group Completes $12M Bend Retail Center Sale

Seattle & Northwest + Oregon + Net Lease | July 12, 2022

Retail specialist Hanley Investment Group Real Estate Advisors has completed the sale of two retail properties at the Bend River Village in Bend, OR. The fully occupied net-leased investments totaling 27,000 square feet, sold for a combined $12 million in two different 1031 exchange transactions. One property includes a Petco store and a freestanding, two-tenant …

Latest Texas Net Lease Stories

JLL Negotiates Sale of Industrial Net-Leased Portfolio In Houston To Local Investor

Texas + Houston-Galveston + Net Lease | March 10, 2022

JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for a 72,980-square-foot portfolio comprising three net-leased industrial properties in markets in and around Houston, TX. JLL marketed the portfolio for the seller, Finial Group. Houston-based NDP Interests, LLC, acquired the asset. Additionally, JLL worked on behalf of the …

806 Technologies Expands Plano, TX Office

Texas + Dallas-Fort Worth + Net Lease | March 2, 2022

806 Technologies Inc., an education software company that streams administrative paperwork for schools, has expanded its office space to 9,819 square feet at Lincoln Legacy Two. Located at 810 Tennyson Parkway, in Plano TX, Whitebox Real Estate represented 806 Technologies in the negotiations. The lease transaction was not disclosed. Ben Crancer and Brian Wilson of …

Latest Washington DC Net Lease Stories

MDH Partners has acquired a 138,670-square-foot industrial property in Danville, VA from AeroFarms for $19.1 million.

AeroFarms Harvests $19M for Indoor Vertical Farming Industrial Facility in Danville

Washington DC + DC Metro + Net Lease | June 7, 2022

Atlanta, GA-based MDH Partners has completed the $19.1-million purchase of a 138,670-square-foot industrial property in Danville, VA. Seller AeroFarms, a corporation engaged in indoor vertical farming, simultaneously leased back the property under a net lease with an initial term of 20 years. The acquisition increases MDH Partners’ industrial footprint in VA to more than 650,000 …

Whole Foods Market in Alexandria, VA

SRS Brokers $27M Sale of Old Town Alexandria Whole Foods Condo

Washington DC + DC Metro + Net Lease | January 14, 2022

SRS national net lease group’s Andrew Fallon and Rick Fernandez, partnering with Joe Friedman, partner at Edge and managing director of capital markets, have brokered the $27-million sale of a Whole Foods Market-occupied retail condominium. The 42,243-square-foot retail asset is on Duke Street in Old Town Alexandria. The net-leased property, with about four years remaining …