We are very proud to announce the launch of the SRS National Net Lease Group; a newly created platform offering advisory services for investors of single-tenant and net lease retail properties nationwide.
Leading the new platform as managing principals and co-founders are Matthew Mousavi and Patrick Luther, formerly of Faris Lee Investments, who will be based in SRS’ Newport Beach office. In their roles, they will lead a collaborative net lease platform with SRS’ investment sales professionals across the U.S., while managing all marketing and transactions from the Newport Beach office. In addition, Mousavi and Luther will also lead investment sales of all other retail property types in the Southern California market, including multi-tenant and portfolio sales. They join SRS’ rapidly growing Newport Beach office consisting of some of the top tenant representation and landlord representation brokers in Southern California, with more than twenty credit retailer clients and more than five million square feet of project leasing assignments in the region.
With the addition of Mousavi and Luther, their reputation in the industry, volume of listings, and their deep experience in single-tenant net lease (STNL) services, SRS continues to make substantial strides in its strategic plan to become a major player in retail investment sales across the U.S. The duo will benefit from SRS’ nationwide platform of retail-only brokers and the retailer insight that comes along with their relationships. Their clients will gain advantages through remarkably faster speed-to-market and broad exposure through SRS’ unified marketing and technology platforms. SRS’ retail investment sales platform is now more competitively positioned than ever, and continues to be the only exclusively retail, national real estate advisory firm.
Recognized as two of the industry’s most active investment sales agents, Mousavi and Luther have a track record of more than $2 billion in closings, and 20 years of experience handling retail investments. With more than 250 closings in the last three years across more than 40 states, they are consistently ranked as a top 10 STNL team in the nation based on transaction volume. SRS is pleased to have them join in a climate where STNL services have become increasingly specialized.
“We are very excited about this opportunity and new venture with SRS, and continuing to provide leading advisory services to our clients, to whom our successes are directly tied. SRS is the largest retail-only national brokerage firm in the country, and we see this as a unique opportunity to deliver greater value to our clients by combining SRS’ unrivaled retailer intelligence and relationships with our proven capital markets execution to create a single, highly efficient national net lease investment sales platform. SRS’ investment sales professionals across the U.S. will work as one cohesive and collaborative team to leverage the dedicated net lease retail investment sales resources and marketing efforts of the centralized platform in Newport Beach," said Mousavi.
Luther adds, “Retail begins and ends with tenants, and is continually changing and evolving. By combining our platform’s singular focus of investment sales, our marketing capabilities and our underwriting expertise with forward-looking internal market data from SRS’ unparalleled list of represented tenants, we now have immediate access to invaluable tenant insight that our clients will directly benefit from. We have worked with SRS to design the leading net lease investment sales platform in the nation and have hit the ground running.”
“We are excited that Patrick and Matthew have joined us to head up our net lease group. Bringing the two of them together with our platform will allow them to be even more dominant in their category and will strengthen our suite of comprehensive retail services,” said Woody McMinn, president of North American brokerage at SRS. “We can now point to our substantial experience and investment sale execution capabilities anywhere in the country.”