Secure Net Lease, a nationally-recognized brokerage that specializes in the acquisition and disposition of investment real estate throughout the United States, is expanding its national footprint. Senior commercial real estate broker Steve Lowe and his Phoenix, Arizona-based team that specializes in multi-tenant retail and shopping center sales, have joined Secure Net Lease.
Lowe will serve as Executive Vice President of a newly opened office in North Scottsdale. Lowe brings more than 20 years of experience and will lead a team focused on investment property sales, strategic solutions, and maximizing client value.
“Our goal in opening a new Arizona office is to strengthen Secure Net Lease’s presence in the region and provide unparalleled service to clients seeking investment opportunities in the Phoenix commercial real estate market,” said Joe Caputo, Secure Net Lease Managing Partner, who notes the firm has previously achieved success in the Phoenix market. “This strategic move marks a significant expansion for Secure Net Lease and is a promising new chapter for Steve and his team.”
Lowe is an expert in the sale and purchase of investment properties, representing owners, investors, and landlords across various product types. He excels in providing strategic solutions and maximizing value for clients, utilizing expertise in commercial real estate sales, underwriting, construction, finance, and market analysis.
Lowe said, “We see a wide range of opportunities across the Metro Phoenix market. Multi-tenant retail buildings have risen to become a preferred commercial real estate asset class due to a variety of factors. Among them are the fact that retailers are now healthier, and unanchored strip centers, in particular, are more appealing to investors seeking stable and resilient retail real estate investments.”
Most recently Lowe served as a Senior Vice President at Colliers in Phoenix and was a Vice President at Matthews Real Estate Investment Services in Scottsdale. Lowe began his career at the Encino office of Marcus & Millichap. He was a licensed General Contractor in his hometown of Chicago, having completed numerous commercial projects, many involving adaptive reuse and ground-up construction. He is also dedicated to community service and supports several charitable organizations including Feed My Starving Children, Arizona Animal Welfare League, and Soles For Souls.
Phoenix’s retail market is robust, driven by strong economic and population growth, and rising income levels. High demand for retail space and ongoing developments contribute to a dynamic market attractive to both national and international investors in markets across the Valley of the Sun such as downtown Phoenix, Scottsdale, and suburban regions like Chandler and Gilbert.
Over the past year, Secure Net Lease has been actively working to expand its multi-tenant retail brokerage business, driven by a commitment to better serve clients and tap into new markets. Caputo concluded, “As part of this strategic, national growth initiative, we recently hired Sam House, a highly skilled professional who will focus on our operations in Texas. This expansion effort in Texas and Arizona underscores our dedication to providing top-tier brokerage services and reinforcing our position as a leader in the commercial real estate industry.”
