New York & Tri-State + Midtown New York | December 10, 2018

B+E Introduces Online 1031 Trading Platform

B+E launched the first 1031 online trading platform at last week’s ICSC New York Deal Making Show. It joins the existing B+E triple net lease (NNN) trading platform, which enables buyers and sellers to conduct NNN transactions online.

“The B+E 1031 Trade platform empowers exchangers to review the market for all net lease properties, both on-market and off-market,” said B+E CEO and co-founder Camille Renshaw. “Our proprietary system then utilizes user-defined criteria to match properties and name and purchase replacement properties.”

The U.S. NNN market is estimated to have a total market value of $6.5 trillion, consisting of more than 1.3 million properties. Less than 1% of the NNN market trades annually for roughly 11,000 transactions with an average sales price of $5.5 million, although this small percentage generates more than $55 billion in annual sales volume. Fifty-five percent of those transactions utilize brokers, according to B+E.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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