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September 19, 2006

TOP STORY: Olsen, Prescott Group Launch Net Lease Investment Fund

By Michelle Napoli

Steve Olsen and the team behind CB Richard Ellis Investors’ Global Net Lease Partners have launched a new investment fund, the Prescott-GNLP Corporate Trust LP, whose investors include the Gordon P. Getty Family Trusts. Structured as a private REIT, the fund is expected to have a total of $150 million of equity that should translate to between $500 million and $600 million of acquisitions in the single-tenant office and industrial sectors.


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