After the passing of sale-leaseback trailblazer William Polk Carey, his legacy was remembered by industry professionals who knew him as “fearless” and “a pioneer.”

When Wm. Polk Carey passed away yesterday, he left behind a legacy. The 81-year-old founder & chairman of multibillion-dollar investment management company W. P. Carey & Co. was a trailblazer in the sale-leaseback arena.

The market for single-tenant assets should remain stable through the end of the year as demand for core assets keeps the lid on cap rates.

The deal involves 50 of O’Charley’s Inc.’s 342 restaurants.

Despite the prevailing economic headwinds, the net-lease space continues to perform. As proof, look no further than the opening of Stan Johnson Co.’s New York City office, the firm’s fourth major expansion since 2009.

Stan Johnson Co. arranged the sale of the 335,700-square-foot property for Cincinnati United Contractors, which developed the property in 2001.

By Maurice Nieman, Colliers International’s Irvine Office
Sales activity in net-leased investments is substantially up since the beginning of 2010, but make no mistake we are still in the midst of what is likely to be a long road to full recovery.

A $269 million sale-leaseback deal is about to give Realty Income Corp. a taste of the winemaking business–at least from the real estate investment perspective.

Tulsa, Okla.-based net lease brokerage firm Stan Johnson Company has completed the $62.7 million sale of a 20-property retail portfolio fully occupied by CVS/pharmacies.

What a difference a few years and a good lease make. Four years after its $25 million acquisition of the then-vacant 490,000-square-foot office complex at 550 King Street in Littleton, Mass., a joint venture of Angelo Gordon & Co. and National Development has sold the fully leased asset to Wells Real Estate Investment Trust II Inc. for $85.5 million in an off-market transaction.