Single-Tenant Net Leases: Buyer Beware

Single-Tenant Net Leases: Buyer Beware

Alon Lagstein Single-tenant net leased properties are considered safe, passive investments like bonds due to their reliable rental stream and minimal landlord involvement. However, they often come with underappreciated risks. STNLs are typically priced based on their cap rates, which…
Bank of America Renews 554 KSF Lease

Bank of America Renews 554 KSF Lease

Hallmark Center I encompasses two office buildings that came online in 1977 and 1997. Image courtesy of CommercialEdge Bank of America has signed a 10-year, 553,799-square-foot lease renewal at Hallmark Center I in Addison, Texas, for the entire campus. JLL…
Lincoln Property, Centennial Team Up

Lincoln Property, Centennial Team Up

Westfield Valencia Town Center is one of Centennial’s properties. Image courtesy of Unibail-Rodamco-Westfield Lincoln Property Co. has made a strategic investment in the operating business of Dallas-based Centennial, a national retail real estate owner and operator. The partnership will provide…
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