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An Interview with Gino Sabatini
Gino Sabatini, our Head of Investments, was recently a guest on the Net Lease Observer podcast.
In the podcast, Gino discusses:
His background in the restaurant business
The history of W. P. Carey
His view on how the investment market has changed over the years; and
His outlook for 2026 and beyond
Watch now
An interview with Gino Sabatini, W. P. Carey, and Sean Hostert, Net Lease Observer.
Net Lease Retail is at an Inflection Point
As retail investors and operators convene in Las Vegas for ICSC, the conversation around net lease retail feels both familiar and different. Familiar, because the net lease retail market continues to demonstrate resilience and stability. Different, because the drivers shaping today’s retail real estate decisions are evolving—creating new opportunities for operators and investors alike.
From rising sale-leaseback activity tied to M&A, to more intentional approaches around store size and
A Balancing Act Between Deployment and Discipline
Net lease continues to be one of the core investment strategies employed in the global real estate market, but conditions in the US and Europe do not strictly mirror one another, explain Christopher Mertlitz, Head of European Investments, and Zachary Pasanen, Co-head of North American Investments.
However, across both of these regions, a common thread is emerging amid an uncertain macro environment: investors are balancing pressure to deploy capital with a more cautious approach to
German Manufacturing Facility
Sale-leaseback of one light industrial manufacturing facility located in Germany that supports the production of advanced plastic components for key end markets and is net leased to a global provider of precision-engineered molding solutions.
Healthcare Products Distributor
$17 million sale-leaseback of a 162,000-square-foot warehouse in the Chicago metropolitan area, with a follow-on rooftop solar system installation under a power purchase agreement (PPA).
Terran Orbital
Sustainable redevelopment of outdated portfolio asset into state-of-the-art, sustainable industrial facility in Irvine, CA.
PetSmart
Installation of direct-owned solar rooftop on a 620,000-square-foot facility in Arizona, following an initial sale-leaseback in 2001.
German Industrial Portfolio
Sale-leaseback of four industrial facilities in Germany. The portfolio is net leased to a global engineering and manufacturing specialist.
Elisabeth T. Stheeman
Elisabeth T. Stheeman was elected to W. P. Carey’s Board of Directors in 2022 and serves as a member of the Audit Committee and the Investment Committee. Ms. Stheeman has been the Chair of FTSE 250-listed Edinburgh Investment Trust plc since July 2022, where she has served as a director since 2019 and is also the Chair of the Nominations Committee. Ms. Stheeman has served as a non-executive director at M&G plc (LON: MNG), a FTSE 100 global investment manager, on the Audit and Risk Committees
Portfolio Map Data Tables
Learn more about the geographic diversification of W. P. Carey's global portfolio of high-quality commercial real estate.