Cap rates for the single tenant net leased market remained near historic lows for retail, office and industrial sectors in the first quarter of 2013. Cap rates for net lease office and industrial properties declined while retail cap rates remained at 2012 fourth quarter levels.
Thomas Morgan aka TMO is obsessed with existing buildings that are old, historic, unique or rundown and turning them into something useful while making a decent rate of return in the process.
As a real estate "redeveloper", investor, broker and appraiser, Thomas has been involved with over a quarter billion dollars of investment real estate nationwide.
Thomas lives near Aspen, CO and loves spending time in the mountains with his wife, daughters and pups.