Ross Prindle, Managing Director and Head of the Real Estate Advisory Group, was quoted in a GlobeSt.com article which covered the Sale Leasebacks: 2019 Market Outlook panel during the publication’s 17th Annual Net Lease Event in New York.

The introduction of the tax reform has made sale-leaseback transactions more attractive than ever for corporations. Pricing has been aggressive even as interest rates have started to creep up. While there is caution in suburban office and big-box retail sectors, the overall outlook for sale-leaseback transactions remains strong.  

The article, titled, “High Land and Construction Costs Are Motivating Sale Leasebacks,” provides insights from the panel discussion regarding net lease and sale leasebacks in the industry “Cannabis dispensaries are often strapped for cash, so sale leasebacks are a great way to get financing, and people who are doing it are actually getting some pretty good deals,” said Ross.

GlobeSt.com subscribers can read the full article here.

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