By Robert L. Knight, AIA, LEED AP | Published Dec. 3, 2024 on GlobeSt.com
With the rise of triple net (NNN) sale-leasebacks, many investors with little or no commercial real estate (CRE) experience jump on the opportunity to buy a cash-flowing asset occupied by a national credit tenant on a triple net lease. Unfortunately, without CRE expertise, these investors may not recognize the risks involved in this seemingly hands-off investment model. As with any investment, proper due diligence and a risk management plan can reduce exposure in an NNN sale-leaseback transaction and increase the likelihood that returns will match projections.
With even less active participation required than a passive franchisee role, investing in NNN sale-leaseback real estate offers the allure of monthly income without touching business operations managing the real estate are greatly reduced. If everything goes according to plan, the tenant maintains the building, pays rent to the owner, and at the end of the lease term, either renews or vacates.
In this Globe St. article, Robert L. Knight, AIA, LEED AP discusses how engaging a consultant can help protect cash flow and capital while enjoying the hands-off ownership experience.
January 07, 2025
January 3, 2025 (Torrance, CA) – Partner Engineering and Science, Inc. (Partner) has tapped one of its original principals, Jenny Redlin, to become its first Chief Experience Officer (CXO) in an expansion of its long-time commitment to provide world-class customer service and an unrivaled client experience. Ms. Redlin has been a top National Client Manager and executive since Partner’s founding in 2007, consistently providing top-tier services to her clients. As CXO, she will bring the same dedication she has shown in managing her own book of business to her new mission of further elevating the client experience company-wide.
January 08, 2025
BALTIMORE, MD - Partner Engineering and Science, Inc. announces the appointment of Pamela Horne as Environmental Technical Director for Agency Services, bringing 25 years of comprehensive experience in commercial real estate environmental due diligence and related services.
January 03, 2025
IRVINE, CA – Partner is excited to announce the appointment of Wendy Moore as Director, bringing over two decades of extensive environmental consulting experience to the organization. Ms. Moore joins […]
