A Closer Look at Net Lease Investment
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Everyone is chasing yield as much as they can and looking for a place to park money, said one panelist at RealShare Net Lease West.
LOS ANGELES—If a good deal comes along with good yield and credits that you can get comfortable with, whether the deal is in a secondary or tertiary market isn’t the main focus. That was according to panelists on the “Investment and Transaction Outlook panel at RealShare Net Lease West on Thursday.
“We play in the sub-investment grade space,” said speaker Zackary Pasanen, VP of W.P. Carey. “We like the sub-investment grade stuff that is higher yielding. It is completely dependent on the credit. In looking at secondary and tertiary, you look at price per foot and comps are critical.”…
