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Retail Influencers 2022
Without a doubt, the retail sector has seen some dark days especially since the start of the pandemic, when predictions called for a recovery period that would take years. But, much like hotels which were supposedly on a similar grim path, the retail sector has rebounded nicely, even with Covid-19 still part of our lives. Shoppers have returned to the stores, e-commerce is taking less of a bite out of total retail sales and it is forecast that this year there will be more store openings than closures. In the following pages, we acknowledge the men and women who successfully navigated these changes and made a meaningful impact on the sector in the last year.
STAN JOHNSON CO.
With a historic focus in the single-tenant net lease sector, Stan Johnson Co. is now in its fourth decade of operation and has expanded its service platform. The firm has completed more than $40 billion in transactions nationwide and continues to be regarded as an authority in the net lease space, while it broadens its focus into other sectors and services. The commercial real estate brokerage and advisory firm, led by president and CEO Stan Johnson, focuses on investment sales transactions involving retail, office, industrial, health care and specialty properties and it provides acquisition, disposition, sale-leaseback, capital markets and advisory services for institutions, developers, investment funds, corporate occupiers and private investors nationally. The firm’s expertise includes single-asset and portfolio sales, as well as sale-leaseback transactions and 1031 exchanges that span all types of retail assets including single-tenant net lease, unanchored strip centers, neighborhood and power centers and more. Throughout its existence, Stan Johnson Co. has closed more than 5,000 retail transactions totaling more than $23 billion in sales activity. In the past three years, the firm notably closed a net lease CVS Pharmacy in Puerto Rico, a $68.4 million retail portfolio of 27 properties, a 10-unit quick service restaurant portfolio sale for $13.7 million, a Burlington-anchored community center in Virginia for $11.1 million, and a convenience store sale-leaseback for $9.4 million. In 2020, the company announced the firm’s first acquisition, as Atlanta, Georgia-based Shane Investment Property Group joined Stan Johnson Co. to further support its growth in the multi-tenant retail sector.
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