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We are retail real estate specialists, not just another commercial real estate firm. Charter Communications Launches Spectrum Internet 100. The location provides access to major logistics and transportation locations along the West Coast, including Los Angeles International Airport and the Ports of Los Angeles and Long Beach. Grocery Outlet opened its doors in May 2020 and is situated on 1. He has worked with a wide range of clients including private investors, family offices, private equity groups, merchant developers, public and privately-held REITs, and institutional and offshore capital. "While the investor was fond of the physical real estate and QuickChek's successful history, the enhancement of credit was certainly appealing for them in this transaction, " said Nutt on transacting a QuickChek soon after its acquisition by national convenience operator Murphy Oil. SRS National Net Lease Group. The San Diego office will provide SRS' clients expanded coverage along the West Coast and marks the twenty-first SRS office in the U. S. Formerly a director in Marcus & Millichap's Net Lease Properties Group, Sam Hanna has more than 12 years of experience in commercial real estate. "The addition of this team expands the reach and depth of the National Net Lease Group and allows us to collectively better serve the Midwest markets, " said Patrick Luther, managing principal for the National Net Lease Group. Sponsored by Placer Labs Inc. We believe this trend will continue for the foreseeable future and will bolster development and capital investment despite macro-economic headwinds. San Diego, CA 92127.

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National Sales And Leasing

"We are excited to welcome Eric to lead our expansion and growth of net lease investment sales in New England, " said Patrick Luther, managing principal for the National Net Lease Group. "Salt Lake City's downtown corridor has been transforming over the past few years, and this transaction is yet another testimony to this trend, " says Cornell. RECAPTCHA FREE SEARCHING. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, and investment services. Investors are drawn to McDonald's because they can be assured they are buying the best location in town at a rent that is typically at or slightly below market. Internal applications, then our B2B based Bizapedia Pro API™ might be the answer for you. Kilmarnock, VA 22482. SRS Real Estate Partners (SRS) recently established a new arm of the National Net Lease Group in SRS' Chicago office with the addition of four new team members. Rare New McDonald's Sale in Los Angeles; Record Low 3. Worker Shortage Holding Back Full Job Recovery in California's Major Metros. The Grocery Store Experience: How to Design Safe, Adaptable Shopping Environments. SRS National Net Lease Group's Managing Principal Patrick Luther and Vice Presidents Frank Rogers and Michael Carter, represented the seller, a Las Vegas-based merchant developer, as well as the all-cash buyer, a Las Vegas-based private investor. The Harland Unveils 37 New Private Residences in West Hollywood. With interest rates rising, industrial assets can generate attractive levered returns, especially when compared to some investment-grade retail.

National Net Lease Investment Group

60, 000 SQFT Retail Asset in Corona Placed Up For Sale With $34MM Asking Price. To subscribe, please click here: SUBSCRIBE. William Wamble joins as part of the National Net Lease Group; Continues team's growth in the Southeast. Put simply, when clients, prospects and... MIAMI — SRS Real Estate Partners' National Net Lease Group (NNLG) has facilitated the $14. 4702nd Street S, Saint Petersburg, FL. Milan Capital Management's level of sophistication and vision for the center made it clear they were the perfect buyer. Built in phases between 1992 and 2002, this is the first sale of the center since development over 30 years ago. Thursday, March 16, 2023.

Srs National Net Lease Group Resources

Hawaii is a high barrier to entry market with strong fundamentals and a unique approach to deal making requiring local presence and knowledge, " said Matthew Mousavi, managing principal of the National Net Lease Group. Search for commercial spaces for lease and rent. "Discount, essential needs retailers are highly sought after by investors as they provide stability even during economic uncertainty, " said Luther. Two other professionals were recently added to the NNLG team, with Mike Sullivan joining in the Chicago office, and Kenneth Guerrero joining in the Newport Beach office, both as senior associates. Bid on live commercial real estate auctions. Business Activity Continues To Surge In The Inland Empire; Growth Will Moderate Now That Region Has Surpassed Pre-Pandemic Levels. The industrial sector is hot: As I mentioned above, industrial vacancy rates are tight, with rents rising and demand continuing by occupiers of industrial property, many major markets across the nation are experiencing 3 percent and below vacancy rates. 62, 000 SQFT Otay Commerce Center for Sale for $17MM in San Diego. Sign Up For a Demo To Learn More. 1501 W Walker Street. This makes up for a 32% market share for all Chick-fil-A-occupied assets sold last year, giving the firm the largest market share among all other brokerage firms. According to Newmark Research, industrial vacancy in the Inland Empire remains the lowest in the U. S. at just 0.

Srs National Net Lease Group.Com

Commercial Real Estate Transactions 8 months ago. SRS Real Estate Partners' National Net Lease Group has announced the $6 million sale of a new construction, 18, 000-square-foot, single-tenant property occupied by Grocery Outlet at 1428 Sixth Street in Norco, CA. 445 million; - WellNow – 204 S Broadway in Saratoga Springs, NY – sold for $3. We are excited to have the opportunity to continue the original developer's legacy, and to take this property to the next level.

Srs National Net Lease Group Blog

For the operators themselves, this strategy has an increasingly popular financing alternative as they provide enhanced liquidity for the operators so they can deploy into growing their business, opening new facilities, and paying down debt, among other uses for the capital. In 2021, SRS' Investment Properties Group (IPG) and National Net Lease Group (NNLG) completed more than $3. National Association of Realtors. With an inventory of more than 25 individual assets with total consideration in excess of $100M, we look forward to assisting and building their momentum and market share. There, he specialized in retail leasing and investment sales and represented clients in over $75 million in transactions.

Having someone of his caliber based in the Tampa market, arguably the most active market for net lease development across the entire state, will be a tremendous asset to all of our clients within the SRS platform, " said Nutt. The full content of this article is only available to paid subscribers. As the California Federal Reserve continues to increase interest rates to battle inflation, a gradual cooling of the unprecedented industrial market fundamentals across the U. is likely. You can always talk to sales if you're interested in advanced plans.

St. Petersburg, FL - Bayfront Health Medical Group. 5 billion in 2021 transaction volume alone, we deliver a greater depth of knowledge within any sub-market to give our clients a unique advantage with their net lease investments. And you will be granted access to view every profile in its entirety, even if the company chooses to hide the private information on their profile from the general public. The recently construction facility is situated on 9.

Edit and update investment inquiries in real time. 5 Reasons to Be Thankful for Net Lease Retail's Momentum. Fant said, "We are excited to continue working on WellNow opportunities as they expand in New York along with growing a national presence in select Midwest markets like Illinois, Michigan, and Ohio.

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