While 2020 was a challenging year for office markets around the country, activity is beginning to return to the Central Florida office market, according to the Colliers Orlando office Q4 2020 report.
Los Angeles-based Sentinel Net Lease has never overlooked the Midwest, regularly investing its dollars in properties throughout the center of the country even before the COVID-19 pandemic hit. And now that the commercial real estate market has been working through the pandemic for more than a year? Sentinel still likes the affordable prices and profit potential of Midwest-based assets.
Read the full article here.
Co-founder and Chief Investment Officer, Dennis Cisterna is featured in this month’s Scotsman Guide providing his insight on the commercial real estate market in this issue’s Great Plains Region spotlight.
Having recently closed on Quail Commercial Center in Oklahoma City, learn more about the region here. https://www.scotsmanguide.com/pages/magazines/commercial-edition
The Tesla Store and Service Center in Schaumburg has a new owner.
Sentinel Net Lease, a Los Angeles-based commercial real estate investment firm, has acquired the store from an undisclosed seller for $10.5 million.
With a new president in the White House, many people are wondering how a new administration will impact commercial real estate. While which political party is in power doesn’t necessarily shift real estate cycles, there are some ways that various legislation and regulatory decisions can impact the market as a whole.
LOS ANGELES–(BUSINESS WIRE)–Sentinel Net Lease (“Sentinel”) closed out a very active year with three commercial real estate net lease investments totaling $40MM in the fourth quarter. In total, Sentinel, created by investment veterans Fred Lewis and Dennis Cisterna, acquired nearly $90MM in assets over the past 12 months.
As COVID-19 continues to negatively impact the economy, commercial real estate investing in general has been met with increased uncertainty and because of that, reduced investments.
The impact of COVID-19 has laid bare certain realities of commercial real estate investing, one of which is the critical importance of resiliency in the underlying business models of tenants. Investors who can adapt by properly assessing the economic outlook and re-evaluating property selection will continue to generate strong returns while maintaining a sense of certainty in the long-term, even in an uncertain environment.
Dennis Cisterna, Sentinel’s Chief Investment Officer, discusses the key investment highlights of our most recent acquisition, a Tesla Store & Service Center, a $10.5MM property 100% occupied by Tesla.
Dennis Cisterna, Sentinel’s Chief Investment Officer, discusses the key investment highlights of our most recent acquisition, a Cardworks Operations Facility.