SA962 | The Current State and Future of Single Tenant Net Lease Retail Space with Laith Hermiz

How Did They Do It? Real Estate

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’s 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’s 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’s 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.

Get in Touch with Laith

• Website: https://www.ironsiderealty.com/
• Email: [e-mail]
• LinkedIn: Laith Hermiz

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