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Michael Fitzgerald

Executive Director
Head of U.S. Retail

Michael joined W. P. Carey’s Investments Team in March 2022 and currently serves as as Executive Director, Head of U.S. Retail. In his role, he oversees the firm’s sourcing and execution of retail net lease transactions in the U.S. Michael previously held senior acquisition roles at Realty Income and its predecessor companies VEREIT and Cole Real Estate Investments, where he completed over $4 billion in transaction volume. Prior to his experience in the net lease space, Michael spent his career in investment banking, holding positions at Merrill Lynch and Salomon Smith Barney in New York and Robertson Stephens in San Francisco. Michael graduated from the University of Arizona with a B.S. in Finance.

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The Future of Net Lease Retail

Retail investors in 2025 face shifting market conditions, including tariff concerns, interest rate volatility, higher construction costs, and increased institutional competition. According to Michael...
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‘We’re Bullish On Net Lease Retail’

Investors are flocking to the net lease sector anew as the Fed pauses its rate actions and cap rates stabilize, W. P. Carey’s Michael Fitzgerald told GlobeSt. GlobeSt's Holly Amaya spoke with...
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Rising interest rates, increased cap rates, and sluggish deal activity created changes in the retail market over the past couple of years. Indeed, the bid-ask spread left many retail net lease deals...