{"id":11623,"date":"2024-05-22T07:39:52","date_gmt":"2024-05-22T14:39:52","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=11623"},"modified":"2024-05-22T07:39:52","modified_gmt":"2024-05-22T14:39:52","slug":"sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/","title":{"rendered":"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"11623\" class=\"elementor elementor-11623\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-15115211\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/15115211-sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz.js?container_id=buzzsprout-player-15115211&player=small\" type=\"text\/javascript\" charset=\"utf-8\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section 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class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b6cec80\" data-id=\"b6cec80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aef4eb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef4eb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c8cc6a4\" data-id=\"c8cc6a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dd376f elementor-widget elementor-widget-image\" data-id=\"7dd376f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image-768x768.png\" class=\"attachment-medium_large size-medium_large wp-image-11624\" alt=\"\" srcset=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image-768x768.png 768w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image-300x300.png 300w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image-1024x1024.png 1024w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image-150x150.png 150w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Square-Promo-Image.png 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-022db59\" data-id=\"022db59\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2d8fa elementor-widget elementor-widget-heading\" data-id=\"ae2d8fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Laith Hermiz<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space!<\/p><p>Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class.\u00a0<\/p><p><b>Key Points &amp; Relevant Topics<\/b><\/p><ul><li>Laith\u2019s extensive background in real estate development<\/li><li>How to stay ahead of the competition in the single-tenant net lease space<\/li><li>The future of single-tenant net lease and retail real estate<\/li><li>The impact of online sales and businesses on retail real estate<\/li><li>What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space<\/li><li>Current trends and future opportunities in the STNL space<\/li><li>The importance of networking, taking risks and action, and starting early in real estate<\/li><\/ul><p><b>Resources &amp; Links<br \/><\/b><a href=\"https:\/\/bonavestcapital.com\/checklist\/\" target=\"_blank\" rel=\"noopener\">Apartment Syndication Due Diligence Checklist for Passive Investor<\/a><\/p><p><b>About Laith Hermiz<\/b><\/p><p>Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities.\u00a0<\/p><p>Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company\u2019s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry.\u00a0<\/p><p>Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers.\u00a0<\/p><p><span style=\"font-size: 16px;\">\u2014<\/span><\/p><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Laith:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Website:\u00a0<a href=\"https:\/\/www.ironsiderealty.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ironsiderealty.com\/<\/a>\u00a0<\/li><li>Email:\u00a0<a href=\"mailto:laith@ironsiderealty.com\" target=\"_blank\" rel=\"noopener\">laith@ironsiderealty.com<\/a>\u00a0<\/li><li>LinkedIn:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/laith-hermiz-00709b54\/\" target=\"_blank\" rel=\"noopener\">Laith Hermiz<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share this episode:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34855cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34855cd\" data-element_type=\"section\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" 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elementor-top-column elementor-element elementor-element-228e6ec\" data-id=\"228e6ec\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12a2a4e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"12a2a4e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_top&quot;:&quot;tilt&quot;,&quot;shape_divider_bottom&quot;:&quot;tilt&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d19a37\" data-id=\"3d19a37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e282568 elementor-widget elementor-widget-spacer\" data-id=\"e282568\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a241e0 elementor-widget elementor-widget-heading\" data-id=\"2a241e0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz Laith Hermiz Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space! Laith discusses how he continues to thrive in the single-tenant net lease despite some [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":11625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[342,949,138,111,56,376,57,464,133,134],"class_list":["post-11623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-business-strategy","tag-commercial-real-estate","tag-commercial-space","tag-investment-strategy","tag-real-estate","tag-real-estate-experts","tag-real-estate-investing","tag-real-estate-investment","tag-retail-business","tag-retail-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space! Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points &amp; Relevant Topics Laith\u2019s extensive background in real estate development How to stay ahead of the competition in the single-tenant net lease space The future of single-tenant net lease and retail real estate The impact of online sales and businesses on retail real estate What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space Current trends and future opportunities in the STNL space The importance of networking, taking risks and action, and starting early in real estate Resources &amp; Links Apartment Syndication Due Diligence Checklist for Passive Investor About Laith Hermiz Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities. Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company\u2019s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry. Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Laith: Website: https:\/\/www.ironsiderealty.com\/ Email: laith@ironsiderealty.com LinkedIn: Laith Hermiz\" \/>\n<meta name=\"robots\" content=\"index, nofollow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space! Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points &amp; Relevant Topics Laith\u2019s extensive background in real estate development How to stay ahead of the competition in the single-tenant net lease space The future of single-tenant net lease and retail real estate The impact of online sales and businesses on retail real estate What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space Current trends and future opportunities in the STNL space The importance of networking, taking risks and action, and starting early in real estate Resources &amp; Links Apartment Syndication Due Diligence Checklist for Passive Investor About Laith Hermiz Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities. Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company\u2019s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry. Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Laith: Website: https:\/\/www.ironsiderealty.com\/ Email: laith@ironsiderealty.com LinkedIn: Laith Hermiz\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\" \/>\n<meta property=\"og:site_name\" content=\"Bonavest Capital\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-22T14:39:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Rect-Promo-Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Bonavest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Bonavest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\"},\"author\":{\"name\":\"Team Bonavest\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e\"},\"headline\":\"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz\",\"datePublished\":\"2024-05-22T14:39:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\"},\"wordCount\":473,\"publisher\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#organization\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Rect-Promo-Image.png\",\"keywords\":[\"business strategy\",\"commercial real estate\",\"commercial space\",\"Investment Strategy\",\"real estate\",\"real estate experts\",\"Real Estate Investing\",\"real estate investment\",\"retail business\",\"retail industry\"],\"articleSection\":[\"Podcast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\",\"url\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/\",\"name\":\"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz - Bonavest Capital\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Rect-Promo-Image.png\",\"datePublished\":\"2024-05-22T14:39:52+00:00\",\"description\":\"Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space! 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Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points & Relevant Topics Laith\u2019s extensive background in real estate development How to stay ahead of the competition in the single-tenant net lease space The future of single-tenant net lease and retail real estate The impact of online sales and businesses on retail real estate What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space Current trends and future opportunities in the STNL space The importance of networking, taking risks and action, and starting early in real estate Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Laith Hermiz Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. 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Connect with Laith: Website: https:\/\/www.ironsiderealty.com\/ Email: laith@ironsiderealty.com LinkedIn: Laith Hermiz","robots":{"index":"index","follow":"nofollow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/","og_locale":"en_US","og_type":"article","og_title":"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz - Bonavest Capital","og_description":"Today, Laith Hermiz joins us to share his incredible experience in retail development and expertise in seizing opportunities in the retail space! Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points & Relevant Topics Laith\u2019s extensive background in real estate development How to stay ahead of the competition in the single-tenant net lease space The future of single-tenant net lease and retail real estate The impact of online sales and businesses on retail real estate What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space Current trends and future opportunities in the STNL space The importance of networking, taking risks and action, and starting early in real estate Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Laith Hermiz Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities. Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company\u2019s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry. Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! 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Laith discusses how he continues to thrive in the single-tenant net lease despite some challenges in the market, the present and future trends in the retail business, and more insights that will help you stay ahead of the game in this asset class. Key Points & Relevant Topics Laith\u2019s extensive background in real estate development How to stay ahead of the competition in the single-tenant net lease space The future of single-tenant net lease and retail real estate The impact of online sales and businesses on retail real estate What\u2019s the real challenge in the market today and what makes Laith optimistic in the retail space Current trends and future opportunities in the STNL space The importance of networking, taking risks and action, and starting early in real estate Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Laith Hermiz Laith Hermiz founded Ironside Realty to transform long-term relationships into high-quality development projects and acquisition opportunities. As founder and Chief Executive Officer of Ironside Realty, Laith is responsible for the execution of company strategy, including implementing and directing all development and investment transactions and guidance for all asset management activities. Mr. Hermiz has a diverse background in commercial real estate both in the public REIT and private sectors. He has acquired and developed over $2 billion worth of STNL retail, shopping center, mixed-use, and industrial projects. Prior to founding Ironside Realty, Mr. Hermiz served as Chief Operating Officer and Executive Vice President with Agree Realty Corporation. During his time at Agree Realty, he was integral in the company\u2019s growth from 73 properties to over 1,600 properties in just over 11 years. He served as the point person to all major retailers, establishing invaluable, enduring relationships throughout the industry. Prior to Agree Realty, Mr. Hermiz held positions as Vice President of Development and Redevelopment with Ramco-Gershenson Properties Trust, a large shopping center REIT. Mr. Hermiz holds a B.S. from Loyola University, Chicago, and a Juris Doctorate from the University of Detroit-Mercy School of Law. He is a licensed attorney and real estate broker in the state of Michigan and an active member of the State Bar of Michigan and the International Council of Shopping Centers. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Laith: Website: https:\/\/www.ironsiderealty.com\/ Email: laith@ironsiderealty.com LinkedIn: Laith Hermiz","breadcrumb":{"@id":"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#primaryimage","url":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Rect-Promo-Image.png","contentUrl":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/05\/SA962-Laith-Hermiz-Rect-Promo-Image.png","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/bonavestcapital.com\/podcast\/sa962-the-current-state-and-future-of-single-tenant-net-lease-retail-space-with-laith-hermiz\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bonavestcapital.com\/podcast\/"},{"@type":"ListItem","position":2,"name":"SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz"}]},{"@type":"WebSite","@id":"https:\/\/bonavestcapital.com\/podcast\/#website","url":"https:\/\/bonavestcapital.com\/podcast\/","name":"Bonavest Capital","description":"Multifamily Real Estate Investment","publisher":{"@id":"https:\/\/bonavestcapital.com\/podcast\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bonavestcapital.com\/podcast\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bonavestcapital.com\/podcast\/#organization","name":"Bonavest Capital","url":"https:\/\/bonavestcapital.com\/podcast\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/logo\/image\/","url":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2020\/08\/logo.png","contentUrl":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2020\/08\/logo.png","width":1000,"height":592,"caption":"Bonavest Capital"},"image":{"@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/"]},{"@type":"Person","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e","name":"Team Bonavest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1b83fae3da7bc7c64b2fe1178848deeb5a98db0813e8aad8873c54289cf3dfae?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1b83fae3da7bc7c64b2fe1178848deeb5a98db0813e8aad8873c54289cf3dfae?s=96&d=mm&r=g","caption":"Team Bonavest"}}]}},"_links":{"self":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/11623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/comments?post=11623"}],"version-history":[{"count":5,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/11623\/revisions"}],"predecessor-version":[{"id":11633,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/11623\/revisions\/11633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/media\/11625"}],"wp:attachment":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/media?parent=11623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/categories?post=11623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/tags?post=11623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}