JRW Realty is pleased to announce that the company sourced over $75 million of property for its clients in October, spanning 24 properties and over 375,000 square feet. These successful transactions have brought the company’s accumulated total of sourced and closed net-lease-focused property in 2021 to over $813 million across 3,732,370 million square feet of property as of October 31, 2021.
The 24 single-tenant and multi-tenant properties are tenanted by Bank of America, Dollar General, Family Dollar, O’Reilly, Verizon, Walgreens, and other companies that operate in necessity-based or healthcare industries with favorable lease terms and strong financial metrics. The properties span 13 states, including Alabama, Michigan, Ohio, and Texas.
“Our relationships help us accomplish our clients’ acquisition goals, and we facilitated these deals in collaboration with Marcus & Millichap, Stan Johnson Company, CBRE, and SRS National Net Lease Group, to name a few,” said Melinda Marston, JRW Realty’s president of single-tenant net lease. “We look forward to fostering our relationships with those firms further and forming new relationships with brokers, developers, property managers, and leasing agents across the country who can connect us to more single-tenant net-leased property and multi-tenant shopping centers anchored by strong tenants.”
The clarity of JRW Realty’s clients’ strict acquisition criteria, the firm’s streamlined transaction processes, and its clients’ readily accessible balance sheet capital enable JRW Realty’s buyers to close transactions in as short as 28 days after going under contract without financing contingencies.