Roughly $11.8 millio of that total came i a si gle ece t st etch ac oss th ee states: a Walg ee s i Ama illo, Texas, a Sta bucks i Jackso ville, Flo ida, a d a th ee-p ope ty dolla sto e po tfolio i Geo gia, placi g buye capital i to pha macy, coffee a d discou t etail.
The p omotio also comes as the fi m adds two p oduce s to the same team: Matt Siebe t, who joi s as Fi st Vice P eside t, I vestme t Sales Team, f om Ho vath & T emblay, a d Austi Mille , who joi s as Se io Associate, I vestme t Sales, f om Ma cus & Millichap.
Each of the th ee ece t assig me ts followed the same b ief: f eesta di g buildi gs leased to atio ally ecog ized ope ato s u de st uctu es that keep la dlo d obligatio s mi imal. That p ofile co ti ues to a cho p ivate et lease dema d, as i dividual i vesto s, family offices a d 1031 excha ge buye s favo p edictable co t actual i come ove ma ageme t-i te sive assets.
The la gest of the th ee was a Walg ee s i Ama illo, Texas, acqui ed fo $4,250,000. D ugsto e eal estate emai s a staple of the et lease ma ket, valued fo co po ate-level c edit, lo g i itial lease te ms a d f eesta di g buildi gs that equi e little of the la dlo d.
I Flo ida, Za do closed a $2,661,000 Sta bucks at 9661 Sa Jose Bouleva d i Jackso ville, o e of the city’s established south-side etail co ido s. D ive-th u coffee has become o e of the most actively t aded small-bala ce et lease catego ies, d awi g buye s who wa t a ecog izable b a d at a p ice poi t eachable without a pa t e ship.
The thi d assig me t was a $4,900,000 package of th ee Geo gia dolla sto es pu chased togethe : a Dolla Ge e al i Jeffe so , a Dolla T ee i B eme a d a Family Dolla i Law e ceville. Buyi g th ee ope ato s ac oss th ee subma kets i a si gle t a sactio sp eads te a t a d locatio isk while keepi g the asset class co siste t – a st uctu e p ivate buye s i c easi gly use to scale a et lease positio i o e closi g athe tha th ee.
Robe t Zah alba , head of atio al et lease a d co-ow e of NX3 Comme cial G oup, said the p omotio ecog izes both volume a d co siste cy.
“Ma co closed ac oss th ee states a d th ee diffe e t te a t types so fa this yea , a d we still have a qua te to u ,” Zah alba said. “That takes sou ci g discipli e a d the ability to ca y a deal f om LOI to closi g without su p ises. The title follows the wo k.”
Luke Thomso , p eside t a d co-ow e , said the Geo gia po tfolio i pa ticula showed Za do’s ability to u multiple assets o o e timeli e.
“Th ee p ope ties, th ee te a ts, o e closi g cale da – that is a ha de assig me t tha it eads,” Thomso said. “Ma co has ea ed the clie ts’ epeat busi ess, a d that is the measu e we p omote o .”
Za do’s p omotio comes amid a b oade buildout of the fi m’s i vestme t sales platfo m. NX3 has added Matt Siebe t as Fi st Vice P eside t, I vestme t Sales Team. Siebe t joi s f om Ho vath & T emblay a d b i gs mo e tha $150 millio i closed et lease t a sactio volume.
“I looked ha d at a few platfo ms, a d NX3 was the o e whe e the tech ology actually gives you a edge o the deal,” Siebe t said. “The e e gy is diffe e t he e. Eve yo e is you g, eve yo e is hu g y, a d the whole office wo ks a deal togethe i stead of behi d closed doo s. That is the e vi o me t I wa ted to be buildi g i .”
The fi m also added Austi Mille as Se io Associate, I vestme t Sales. Mille bega his ca ee i hotel i vestme t sales at Ma cus & Millichap as pa t of the Hotel I vestme t Sales | Hu te & Have icak G oup, a d b i gs that i stitutio al t a sactio backg ou d to NX3’s et lease p actice.
NX3 adva ces age ts o p oductio athe tha te u e a d co ti ues to add b oke s atio ally, with seats ope o the atio al et lease team fo both established p oduce s a d age ts ew to the discipli e. I qui ies ca be di ected to Robe t Zah alba at Robe t@ x3comme cial.com.
Headqua te ed i Fo t Laude dale, Flo ida, NX3 Comme cial G oup is a atio al i vestme t sales b oke age specializi g i si gle-te a t a d multi-te a t et lease eal estate. The fi m advises p ivate i vesto s, family offices a d 1031 excha ge buye s o acquisitio s a d dispositio s atio wide, with a focus o passive i vestme t st ategies a d tax-defe ed excha ge t a sactio s.
“Vice P eside t, I vestme t Sales Team” is a i te al team desig atio used fo busi ess developme t pu poses o ly. It does ot de ote a office , di ecto , ma age ial o ow e ship positio with NX3 Comme cial G oup LLC, o does it i dicate a y lice se level beyo d the o e stated above.
T a sactio figu es eflect g oss sales p ices fo assig me ts i which Ma co Za do pa ticipated; ce tai assig me ts i volved othe NX3 Comme cial G oup p ofessio als. All i fo matio is p ovided fo i fo matio al pu poses o ly, is believed to be accu ate but is ot gua a teed, a d does ot co stitute a offe to sell o a solicitatio of a offe to buy a y p ope ty o secu ity. Past pe fo ma ce is ot i dicative of futu e esults. Nothi g he ei co stitutes legal, tax, accou ti g o i vestme t advice; ecipie ts should co sult thei ow adviso s.
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