A modified net lease is a deal variation or compromise that usually falls somewhere between the terms of a gross lease and a triple net lease. Each modified net lease contract is unique to the property, but there is generally a split of financial responsibilities between the property owner and the tenant to make the deal beneficial on both sides.
Sands Investment Group (SIG) announced today they have closed escrow on the final asset in a “trophy” Albertsons portfolio. SIG Managing Director, Daniel Hoogesteger, and SIG Advisor of Capital Markets, Andrew Chana, were co-brokers on the portfolio, leveraging their specialized expertise in the net lease grocery market and tapping into their extensive network of investors to achieve record-breaking prices and cap rates on this rare grocery portfolio in California. Read more →
Working with SIG brokers is the best way for developers to acquire the highly sought-after, big box locations they want to add to their investment portfolios. Lead SIG broker Dan Hoogesteger, along with co-brokers, Andrew Chana and Chris Sands, successfully led one of SIG’s recurring clients through an acquisition of a big box retail location, up against multiple bids.
When you’re comparing different net lease properties for sale, an important aspect you should consider is the type of net lease agreement in place with existing tenants (or what type of lease will benefit you most on a new property with new tenants).
Working with SIG brokers is the best way to maximize opportunities during a portfolio acquisition of new properties and handle complex 1031 Exchange property transaction. Lead SIG broker Amanda Reeves, along with co-broker Doug Roland successfully led one of SIG’s private west coast clients through a 1031 Exchange deal to acquire a fast food property in Alabama.
Almost a decade ago, Chris Sands set out to create a different kind of brokerage firm: one that was built on honesty, integrity and fostered deep collaboration. Read more →
Working with SIG brokers is the best way to successfully diversify your investment portfolio. Lead SIG broker Chris Sands, along with co-brokers Max Freedman and Dan Hoogesteger, successfully and quickly closed a deal on a non-traditional automotive retail location in Houston, Texas.
Working with SIG brokers is the best way to leverage top listings, lending, and marketing efforts. In this deal, lead SIG broker Max Freedman, along with co-brokers Chris Sands and Will Schuhmacher, was able to successfully find the right buyer in the first day of marketing the property. The transaction was seamless, with no delays or issues throughout the life of the transaction.
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