July 2021 | Recently Sold – CVS Pharmacy, Springfield, OH

Thomas Company is pleased to announce the recent sale of a CVS retail asset in Springfield, OH totaling +/- 9,663 square feet. The list price was $2.68 million.  Read more >

June 2021 | Recently Sold – CVS Pharmacy, Alpharetta GA

Thomas Company is pleased to announce the recent sale of a CVS retail asset in Alpharetta, GA totaling +/- 13,225 square feet. The list price was $3.7 million. The buyer was attracted to the long-term lease, below-market rent, and Atlanta MSA location. Read more >

March 2021 | Recently Sold – Amazon Distribution Facility

Thomas Company is pleased to announce the recent sale of an Amazon Distribution Center in the Southeast. The property closed as an off-market transaction. The buyer was attracted to the asset due to the long lease term in pace and strong credit profile of the tenant. Read More >

October 2020 | Recently Sold – Orgill Distribution Facility, Sikeston, MO

Thomas Company is pleased to announce the sale of an Orgill distribution facility totaling +/- 1,026,000 square feet. The list price was $42.3 million. The distribution center services Orgill’s retail customers in the entire Midwest region and is the largest in Orgill’s network. The facility receives all of Orgill’s international shipments, making it a key part of Orgill’s overall distribution network. Read More >

July 2020 | Recently Sold – Bayer-Monsanto Seed Production Facility, Marana, AZ

Thomas Company is pleased to announce the sale of a Bayer/Monsanto seed production and innovation facility in Marana, Arizona, totaling +/- 436,000 square feet. The list price was $111 million. Read More >

July 2020 | Recently Sold – Vons Grocery Store, Huntington Beach, CA

Thomas Company is pleased to announce the recent sale of a Vons grocery store in the Los Angeles, California metropolitan area. The asset was unlisted and closed as an off-market transaction. Read More >

April-May 2020 | Recently Sold – CVS Zero-Cash-Flow Portfolio Transactions

Thomas Company is pleased to announce the sale of two CVS zero-cash-flow portfolio transactions, sold to the same purchaser. Read More >

April 2020 | Recently Sold – Safeway Grocery Store, Lacey, WA

Thomas Company is pleased to announce the sale of a Safeway grocery store in the Olympia, WA MSA. The tenant had executed a 20-year absolute-net lease with fixed rent increases, providing the investor long-term, stable cash flow. The purchaser was seeking exposure to the Pacific Northwest region and was attracted to the property’s essential business use.

February 2020 | Recently Sold – McLendon Hardware, Sumner, WA

Thomas Company is pleased to announce the sale of a +/- 32,600 square foot McLendon Hardware store located in Sumner, WA. The tenant executed a 20-year, triple net lease in 2017 with 2% annual escalations. The sale represents the fourth McClendon Hardware asset sold by Thomas Company on behalf of our client.   We thank them and their partners for being a part of this successful transaction.

December 2019 | Recently Sold – McLendon Hardware, Seattle MSA

Thomas Company is pleased to announce the sale of a +/- 117,830 square foot McLendon Hardware located in Renton, WA, which is part of the greater Seattle metropolitan area. McLendon Hardware executed a 20-year, triple net lease when the property was constructed in 2017. We thank our client and partners for being a part of this successful transaction.

August 2019 | Thomas Company Hires Ben Smith

Thomas Company is pleased to announce the hiring of Ben Smith, Associate Director. Ben joined Thomas Company in August 2019. As Associate Director, Ben’s primary role consists of sourcing new business opportunities and representing developers, owners, and investors in the disposition of net leased assets across the United States. Read more >

July 2019 | Thomas Company Hires Alison Smythe

Thomas Company is pleased to announce the hiring of Alison Smythe, Executive Assistant and Office Manager. Alison joined Thomas Company as the Office Manager/Executive Assistant in July 2019. She brings 15 years of experience in office administration and has worked in the financial and tech industries prior to joining Thomas Company.Read more >

March 2019 | Thomas Company Hires Jonathan Murphy

Thomas Company is pleased to announce the hiring of Jonathan Murphy, Senior Analyst. Jonathan joined Thomas Company in March 2019. His primary responsibilities are collaborating to create offering memoranda for disposition assignments, which includes fully underwriting assets to uncover issues affecting asset value, and serving as the point-of-contact for investor questions relating to offerings and their due diligence materials.Read more >

December 2018 | Thomas Company Negotiates Sale of 61-property CVS Portfolio

Thomas Company is pleased to announce the completed individual sales of a 61-property CVS portfolio. All properties within the portfolio were offered unlevered and free and clear of debt. Read more >

October 2018 | Thomas Company Negotiates Sale of Industrial Distribution Center

Thomas Company recently led the negotiations and closing of a 968,250 square foot office distribution center fully leased to Supervalu, Inc, (NYSE: SVU) which has merged with United Natural Foods (NASDAQ: UNFI) to create America’s premier food wholesaler. Read more >

May 2018 | Net Lease Stays Steady

Jeffrey Thomas was recently featured in the May issue of the Shopping Center Business story, “Net Lease Stays Steady.” Read more >

December 2017 | Thomas Company arranges sale of Orgill Inc. industrial Distribution Center

With more than $5.6 billion worth of single-tenant transactions executed successfully, Thomas Company continues to deliver superior results for our clients with the sale of a freestanding industrial distribution center. Read more >

November 2017 | Thomas Company Arranges Sale of Single Tenant Office and Manufacturing Property

Thomas Company recently led the negotiations and closing of an 82,737 square foot office and manufacturing property leased to Spectranetics, a subsidiary of Royal Philips (NYSE: PHG, S&P: BBB+).  Read more >

October 2017 | Thomas Company Arranges Sale of Research and Development Facility

Thomas Company announces the sale of a free-standing research and development facility. This mission critical property is located on over 18 acres of land in Middletown, Ohio. It is fully leased to AK Steel Holding Corporation (NYSE:AKS).  Read more >

November 2016 | Buying in Your Backyard

Many investors have heard the maxim “location, location, location” in connection with real estate, and are familiar with the idea that in order to derive value from a real estate purchase it is necessary to buy a property only in a zip code with familiar real estate fundamentals and demographics. In the net leased market, however, location is less important for two reasons. Read more >

August 2016 | Predictable Cash Flow

Investors who acquire net leased properties choose them for the promise of predictable cash flow. This value proposition, however, is dependent upon two key factors. Read more >

December 2015 | Real Estate Forum 2015 Top Retail Brokers

Jeffrey Thomas is recognized as one of Real Estate Forum’s 2015 Top Retail Brokers. Read more >

April 2015 | Thomas Company Q1 Results

Thomas Company announces our 2015 first quarter results, with 72 nnn, triple net lease properties sold for a total of $295 million. Thomas Company provides single tenant, net leased investment brokerage and capital markets advisory nationwide. Read more >

Dec 2014 | NNN Equity Update

By Jeff Thomas

The fluctuation of interest rates during the third quarter and over the past 18 months have done nothing to dampen the market for triple net properties. We have noticed this across all asset types within the sector. Read more >