March 2, 2018
– $123-million sale of a portfolio of eight grocery stores, which traded at a 4.85% cap rate.
– $73-million sale of the 10-store Regal Cinema portfolio, which traded at 7% cap rate.
– $17.25-million sale of 12 gas stations. The sale-leaseback traded at a 6.9% cap rate.
Sands began his career in real estate in 2004 at Marcus & Millichap, where he was named Rookie of the Year. His firm has product type specialists within each of the sub-sectors of the net lease market. Each specialist has a hyper-focus, niche approach to their submarket, cultivating the market knowledge that allows them to add value.