JRW Realty Surpasses $1 Billion in 2021 Transactions
Published: Jan. 26, 2022
PASADENA, Calif. - JRW Realty is pleased to announce that the company closed over $1.04 billion in transactions in 2021 across 5,706,205 square feet of 242 net-leased properties occupied and anchored by tenants with creditworthy metrics. These closings bring JRW Realty’s sourced and closed transactions to over $3 billion across more than 15 million square feet of over 875 properties that met the acquisition needs of its clients.
The net-leased properties analyzed and sourced by the firm in 2021 are tenanted by successful providers of grocery, discount, healthcare, auto, banking, and other services. Occupants of the properties include Bank of America, BioLife, CVS Pharmacy, Dollar General, Dollar Tree, Family Dollar, Fresenius Medical Care, Kroger, Octapharma Plasma, Publix, Tractor Supply, Walmart, Walgreens, WellMed, and Whole Foods Market.
In 2021, JRW Realty broadened its focus to source inline and outparcel retail spaces shadow-anchored by strong-performing grocery tenants in addition to single-tenant net-leased properties. The company grew in staff with the addition of its multi-tenant retail team and president of multi-tenant retail, Joel Staffilino. JRW Realty also helped its clients further expand their footprint in the healthcare real estate market as well as in the industrial real estate market with the closing of a 1-million-square-foot distribution center occupied by Sherwin-Williams.
“We are very pleased to have finished the year strong and to have surpassed our clients’ expectations by helping them exceed their 2021 acquisition goals,” said Melinda Marston, president of single-tenant net lease. “Our team overcame multiple challenges in an extremely competitive market in the pursuit of our clients’ needs, growing our team and innovating new and improved sourcing methods through enhanced data analysis and outreach to continue providing our clients with best-in-class services to meet their renewed acquisition goals for the upcoming year.”
“I am immensely proud of what our teams were able to achieve in 2021, especially during our first year of aggressively focusing on properties in the multi-tenant retail market,” said Joel Staffilino, president of multi-tenant retail. “Our ability to have a record-breaking year amid strong demand in the market is a testament to our team’s vision, tenacity, and solid relationships with sellers, property brokers, developers, and leasing agents, all of which helps to drive our success and enables us to close transactions swiftly and smoothly.”
About JRW Realty
JRW Realty is a commercial real estate brokerage firm that has closed over $3 billion in transactions across over 875 properties on behalf of its clients. JRW Realty's team places special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 3-4% according to their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.
Single-Tenant Net Lease Acquisitions Contact
Melinda Marston, President - STNL
CA DRE #01950977
Multi-Tenant Retail Acquisitions Contact
Joel Staffilino, President - Multi-Tenant Retail