Net Lease Observer

News, analysis and interviews focused on the single tenant net lease and sale/leaseback markets.

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Episodes

5 days ago

Alex Sharrin, Co-Head of Corporate Capital Markets and Net Lease at Fortune 500 corporation JLL (NYSE: JLL), joins the Net Lease Observer podcast for a wide-ranging discussion around his path into net lease, JLL's service offerings, and dynamics in the net lease market today.
Sharrin and his team offer an array of services, including net lease disposition and acquisition advisory, 1031 exchange transactions, sale-leasebacks, debt & equity financing, and build-to-suit across net leased retail, industrial, office and medical offices properties.

Glen Kunofsky of SURMOUNT

Monday Jun 23, 2025

Monday Jun 23, 2025

Glen Kunofsky joins the Net Lease Observer podcast to discuss his over two-decade career in net lease, his firm's recent rebranding to Surmount, and the current market dynamics of single tenant net lease.
Kunofsky is the Founder and Chief Executive Officer of Surmount (formerly NNN Pro / STNL Advisors / UGDC). Since its inception over 20 years ago, Glen and his team have closed over $30 billion in transactions across more than 12,000 properties, with over $5.6 billion completed this past year. Check out www.surmount.com for more information.
Go to www.netleaseobserver.com for all things net lease and sale/leaseback.

Friday May 30, 2025

Mark Manheimer is the President and CEO of NETSTREIT (NYSE: NTST), a publicly traded, internally managed real estate investment trust based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. As of 3/31/2025, NTST’s portfolio includes 695 investments located in 45 states totaling 12.8 million square feet leased to 101 tenants. The portfolio is 99.9% occupied with a weighted average lease term remaining of 9.7 years. 55% of annualized base rent is sourced from tenants (or parent entities) that are rated investment grade.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Tuesday May 20, 2025

Christopher Volk is the Chairman of Tenet Equity, a leading direct provider of flexible, long-term capital to middle market companies throughout the U.S. backed by Cerberus Capital Management. Volk has been involved in the single tenant net lease ecosystem since the 1980s and has led three firms to the public markets: Franchise Finance Corporation of America; Spirit Finance; and STORE Capital.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Tuesday May 20, 2025

John Moragne is CEO of Broadstone Net Lease (NYSE: BNL), a Rochester, NY-based industrial focused, diversified listed net lease REIT that invests in single-tenant commercial real estate properties. As of December 31, 2024, the Company’s portfolio included 765 properties in 44 states plus seven assets across four Canadian provinces.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Tuesday May 20, 2025

Chris Constant is CEO of Getty Realty (NYSE: GTY), a listed net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2024, the Company’s portfolio included 1,118 properties in 42 states across the United States plus Washington, D.C.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Net Lease Leaders: Ed Pitoniak

Tuesday May 20, 2025

Tuesday May 20, 2025

Ed Pitoniak is CEO of VICI Properties (NYSE: VICI), a listed net lease REIT focused on owning and acquiring experiential real estate across leading gaming, hospitality, wellness, entertainment and leisure destinations. VICI’s diverse portfolio consists of over 90 experiential assets across the United States and Canada including Las Vegas Strip assets like The Venetian Resort, Caesar’s Palace, and MGM Grand.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Tuesday May 20, 2025

Chris Burbach is Partner and CEO of Fundamental Income, a Phoenix, AZ-based leading capital provider to middle market businesses across North America, using real estate to help them grow and transform. Fundamental specializes in single-tenant, free-standing real estate through both public and private strategies.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Net Lease Leaders: Dan Andrews

Tuesday May 20, 2025

Tuesday May 20, 2025

Dan Andrews is CEO and Managing Partner of Tempus Realty Partners, a Little Rock, Arkansas based real estate investment partnership focused on acquiring and developing commercial real estate mainly in the South and Midwest. The company has executed over $750 million of sale/leaseback deals since 2020.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

Net Lease Leaders: Joey Agree

Wednesday May 14, 2025

Wednesday May 14, 2025

Joey Agree is the President and Chief Executive Officer of Agree Realty (NYSE: ADC). Agree Realty is a net lease REIT focused on the acquisition and development of high-quality retail properties. As of 12/31/2024, ADC owns 2,370 properties totaling nearly 49 million square feet across 50 states.
The Net Lease Leaders series shares impactful long-form conversations with executives across the single tenant net lease ecosystem and is presented by the Net Lease Observer.

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