Pasadena, CA-based net-lease-focused commercial real estate brokerage JRW Realty, has announced that the firm closed 179 properties valued at over $800 million in 2022, on behalf of its institutional buyers. The vast majority of the 3.3 million square feet of properties acquired, consist of net-leased buildings occupied by high-performing tenants that provide grocery, medical and other necessity-based goods and services.

“Our success speaks to the financial strength of JRW Realty’s exclusive buyers and their understanding of the market and our industry partners,” said the firm’s co-president Melinda Marston. “We’re grateful to them and our team members who continue to success at identifying properties that meet our clients’ acquisition standards.”

Some high-profile acquisitions from 2022 include six Walmart Neighborhood Market stores in Louisiana, a 90,000-square-foot Mariano’s grocery store near Chicago and a ShopRite in New York. JRW Realty’s clients also purchased properties occupied by Dollar General, Kroger, CVS, Advance Auto Parts and U.S. Bank.