NETTING A NEW OFFICE

Oklahoma-based net lease brokerage firm Stan Johnson Co. is expanding into five new markets, including the Big Apple. Why NY?Daniel Herrold, who’s leading the expansion, says it’s a client hotbed, despite having less lease properties than elsewhere. Plenty of money is coming out of NY, from the mom-and-pop investor to REITs like Lexington Realty Trust, which Stan Johnson helped with past dispositions. This will give the firm a chance to be closer to these clients and potential properties. He adds that many investors are doing well, despite low numbers in other investment types.

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