globest.com: Institutional CRE Investment to Increase in 2019
Stos Partners expands its investment sales platform to include institutional sales due to growing demand.
Institutional investment is likely to increase this year, and private investment and management firm Stos Partners is setting up to take advantage of the new demand. The firm has expanded its existing investment platform to include institutional investors, and has hired Jay Boyle to led the expansion. The firm has already closed three institutional deals, including a 1.4 million square foot multi-tenant industrial portfolio in Laredo, Texas, the 105,468-square-foot Trolley Industrial Center in San Diego, and a 115,520-square-foot industrial building at 2345 Britannia Boulevard.
“Our new institutional-capital initiative allows us to build upon our already successful private-capital investment platform while branching out into an area of the investment arena that is ripe with potential,” CJ Stos, principal of Stos Partners, tells GlobeSt.com. “The institutional market is gearing up to target an increased number of commercial real estate investments this year and a “good deal” is getting harder and harder to come by. These firms have money to place and are looking to leverage local market relationships to uncover attractive opportunities.”
Article source: globest.com