Which Net Leased Properties Are Becoming More Mainstream?
For nearly two decades, GlobeSt NET LEASE Conference (formerly a RealShare Event) has brought together the industry’s most influential and knowledgeable real estate executives from the net lease sector, and we are excited to offer our attendees more ways to connect before, during, and after the conference. We know connectivity is vital to the health and success of the commercial real estate industry and this year, we are offering both in-person and virtual tickets for attendees.
NEW YORK CITY—The market for net leased properties continues to be very strong and the demand from both the institutional and private market outweighs supply and continues to keep the cap rates low. Those thoughts are according to Glen Kunofsky, executive managing director of investments at Marcus & Millichap. Kunofsky will join a panel of net lease experts in New York City in September and will provide his view on the state of the industry as well as crucial insights from market data.
In advance of the conference, he tells GlobeSt.com that experiential net leased properties including car washes, c-stores, schools and fitness concepts are also becoming much more mainstream.
“Investors are seeking out these properties as opposed to traditional retail net leases,” he says. “We expect cap rates to remain low throughout 2020.”