RealSource Group is launching a new investment sales division being led by Austin Blodgett, vice president, investment sales. Experience in sale-leaseback transactions has allowed Blodgett to break barriers in the retail industry.

“Austin has an excellent track record of success and has achieved record prices for his clients through his extensive market knowledge, advanced property analysis, aggressive marketing strategies and long-standing industry relationships,” said John A. Kalamaras, founder and president of RealSource.

In his new role, Blodgett will focus on advising clients in the acquisition and disposition of national retail properties from single-tenant to multi-tenant retail.

“We have watched single-tenant net lease properties become a commodity, which has led to the erosion of true asset value,” said Kalamaras. “We want to shift the paradigm of the investment sales model and set a new standard for net lease investment sales that will net higher values for our clients. And, now we can sell the leases that we have been creating over the last 30 years for our clients.”

Blodgett has closed more than $300 million in retail transactions nationwide since 2017.

“Every site is visited before it goes to market and because we have local brokers already in every major market, we have access to local boots-on-the-ground knowledge that provides detailed market insights on the market, trade area and the location,” said Blodgett. “At RealSource, we plan to de-commoditize investment sale assets and leverage our curated database of over 55,000 active investors loaded with aggressive West Coast capital willing to pay a premium for out-of-state properties.”