Net Lease Midwest

REJournals' Net Lease Summit: More than 180 look to the future of this sector

Commercial real estate pros filled the ninth floor of the University Club of Chicago for the fourth annual Net Lease Summit. Commercial real estate pros filled the ninth floor of the University Club of Chicago for the fourth annual Net Lease Summit.
A highlight of the conference was the State of the Net Least Market panel, which featured some of the biggest names in the net lease sector. Speakers included Laith Hermiz, Agree Realty Corp.; Gordon Whiting, Angelo, Gordon & Co; Randy Blankstein, The Boulder Group; Pete Mavoides, Essential Properties; and William Lenehan, Four Corners Property Trust. The takeaway from this panel? Net lease remains a favorite in the commercial real estate sector. And though certain sectors face challenges -- such as retail -- the net lease sector appears to have plenty of strength left. A highlight of the conference was the State of the Net Least Market panel, which featured some of the biggest names in the net lease sector. Speakers included Laith Hermiz, Agree Realty Corp.; Gordon Whiting, Angelo, Gordon & Co; Randy Blankstein, The Boulder Group; Pete Mavoides, Essential Properties; and William Lenehan, Four Corners Property Trust. The takeaway from this panel? Net lease remains a favorite in the commercial real estate sector. And though certain sectors face challenges -- such as retail -- the net lease sector appears to have plenty of strength left.
Members of the Capital Markets Overview panel had plenty of good news to share with the crowd, too, relating the news that investors are still seeking out net lease properties in which to sink their dollars. Speaking on this panel were Sean Keane, First Savings Bank; Chad Firsel, Quantum Real Estate Advisors; Ralph Cram, Envoy Net Lease Partners; Tom Zarilli, CTL Capital; and Mark West, HFF. Members of the Capital Markets Overview panel had plenty of good news to share with the crowd, too, relating the news that investors are still seeking out net lease properties in which to sink their dollars. Speaking on this panel were Sean Keane, First Savings Bank; Chad Firsel, Quantum Real Estate Advisors; Ralph Cram, Envoy Net Lease Partners; Tom Zarilli, CTL Capital; and Mark West, HFF.
The busiest panel of the event? That honor goes to the Sale-Leaseback Panel, which featured some of the top players in this arena. Speaking on this panel were Nico DePaul, NNN Pro Group of Marcus & Millichap; Jonathan Wolfe, STREAM Capital Partners; Erik Nelson, National Retail Properties; Aaron Baum, SAB Group of Marcus & Millichap; Jason DeWitt, JLL; Tye Palonen, BH Properties; and Mike Fitzgerald, VEREIT. The busiest panel of the event? That honor goes to the Sale-Leaseback Panel, which featured some of the top players in this arena. Speaking on this panel were Nico DePaul, NNN Pro Group of Marcus & Millichap; Jonathan Wolfe, STREAM Capital Partners; Erik Nelson, National Retail Properties; Aaron Baum, SAB Group of Marcus & Millichap; Jason DeWitt, JLL; Tye Palonen, BH Properties; and Mike Fitzgerald, VEREIT.
The State of the Market and Net Lease Forecast panel looked to the future of this sector. And the panelists sitting on this one agreed: The commercial real estate market always changes, but the net lease business should remain a strong one into next year. Speaking on this panel were Deno Bistolarides, Encore Real Estate; Michael Kaider, CBRE; Anna Barsky, IPX 1031; Sean Sharko, Marcus & Millichap; and Wes Koontz, Mid-America Real Estate. The State of the Market and Net Lease Forecast panel looked to the future of this sector. And the panelists sitting on this one agreed: The commercial real estate market always changes, but the net lease business should remain a strong one into next year. Speaking on this panel were Deno Bistolarides, Encore Real Estate; Michael Kaider, CBRE; Anna Barsky, IPX 1031; Sean Sharko, Marcus & Millichap; and Wes Koontz, Mid-America Real Estate.
Developers remain interested in the net lease space, too, as the members of the NNN Development Panel discussed. Members of this panel were Jesus Araiza, Leon Capital Group; Adam Moore, First Industrial Realty Trust; Andres Dallal, W.P. Carey; David Piasecki, Elm Tree Funds; and Peter Bauman, JLL. Developers remain interested in the net lease space, too, as the members of the NNN Development Panel discussed. Members of this panel were Jesus Araiza, Leon Capital Group; Adam Moore, First Industrial Realty Trust; Andres Dallal, W.P. Carey; David Piasecki, Elm Tree Funds; and Peter Bauman, JLL.

More than 180 of commercial real estate’s busiest professionals from around the country gathered at the University Club of Chicago July 26 for REJournals’ and Midwest Real Estate News’ Fourth Annual Net Lease Summit. The message of the day was a simple one: The net lease market faces both challenge and change. But the market is also a busy one.

And no one was predicting a slowdown in leases, sales or development in the near future. Panelists and speakers, then, looked to the future with hope. They expect changes in the market. But the net lease space is still a welcoming one for brokers, developers and investors, they said.

Randy Blankstein, president and founder of The Boulder Group, moderated the State of the Market panel. Some of the most notable topics of discussion debated by the panel included where we are in the overall investment cycle and how that will impact net lease properties; the trend of users committing to shorter lease terms; the effect ecommerce is having on net lease retail and industrial properties; and what the end of the cycle will look like.