“What’s ironic is that now is a time when net lease is accepted as a legitimate investment,
but properties are hard to come by because of the scarcity.”

Investor interest in net-leased properties continues to grow in number and class, creating an ever more competitive environment for these assets. More than $300 billion of commercial net lease deals were completed in 2013—a 15% yearly increase— as one industry source quotes Real Capital Analytics, begging the question of just how much more this sector can grow and still retain its niche status. Real Estate Forum spoke with several net lease experts to get their answers to this question.

inemark Holdings Inc., is a main operator and its theatre at SouthBay Pavilion and the nation�s third-largest theater chain. �The company will be a tremendous addition to this underserved market,� said a statement from Fred Sands, chairman of Vintage Real Estate, the mall�s owner. The closest theatres are miles away in the cities of Torrance and Redondo Beach.
Frend Sands, chairman of Vintage Real Estate and mall�s owner believes that Cinemark will bring an exceptional value to underserved market. AMC and ArcLight are the closest theatres and are located a few miles away. Both located in the cities of Torrance and Redondo Beach.

This 1.1 million-square-foot investment property is set on 73 acres located off the 405 Freeway at the Avalon Boulevard exit just south of the South Bay beach cities. Target, Ikea, Old Navy Sears and JC Penney and Old Navy are some of the anchored credit tenants.

This Cinemark feature a new theater with a large. Cinemark XD Extreme Digital Cinema screen. A 72-foot, wall-to-wall and ceiling-to-floor screen, plus seating and a custom digital surround sound system, and self-serve concession stands. The XD auditorium will exhibit the movies in 2D and RealD 3D films and they will be delivered by a Doremi server and a Barco DLP digital projector.

Roger Burghdorf belives the addition of a theater should increase a mall�s sales by 17% to 22%. New additions to South Bay Pavilion include a Beauty Lounge & Spa, a new Olive Garden restaurant; and an Old Navy currently under construction on a new sore and other Net Lease tenants. Other fashion retailers are also scheduled to open soon along with several new restaurants and fast casual dining.