The commercial real estate market is a busy one today. And few property types are generating as much activity as are single-tenant net-lease properties.
Stan Johnson & Co. recently released its latest research report on this sector. And the biggest news? In the fourth quarter of 2016, the sale of single-tenant net-lease properties grew 34 percent to a volume of $15.4 billion.
According to Stan Johnson & Co., this fourth-quarter push was the second best on record for this sector. For all of 2016, single-tenant net-lease sales accounted for $47.6 billion in volume, the second highest this number has ever been.
Who is buying these properties? Stan Johnson reported that for the fourth quarter, real...
Posted on 04/25/2017 at 12:35 PM
Michael Flynn moved up from Executive Vice President to Chief Operating Officer for NAI Hiffman, the company announced Wednesday.
Flynn will provide leadership and management necessary to execute the firm’s expansion strategy and enhance its operations. He has more than 30 years of experience in commercial real estate leasing and tenant representation.
Most recently he led an office leasing team focused on the north and northwest suburbs for clients including TA Realty, KBS, 90 North and The Davis Companies. He will continue his position on the NAI Global Member Leadership Board.
He attended the Ross School of Business Administration at the University of Michigan. He joined NAI Hiffman in...
Read morePosted on 04/21/2017 at 04:21 PM
The Association of Industrial Real Estate Brokers held its biggest annual event, the 2017 Virtual Market Tour, at The Cube at Rivers Casino in Des Plaines, Illinois on Thursday.
The theme at this year’s event was Catching AIRE—a play on the organizations name and extreme sports where daredevils catch air. The video displaying industrial properties around Chicago was broken up with footage of athletes jumping off buildings in Dubai, bungee jumping in kayaks or launching one another off ‘the blob’ into a lake.
It was Ina Jones of Clarion Construction’s first time at the event. “My company is actually one of the sponsors of the event. I think the turnout is gr...
Posted on 04/16/2017 at 12:00 AM
