{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Persist to 2026: Why Net Lease Real Estate Is Winning in an Uncertain Market","description":"The commercial real estate recovery everyone expected in 2025 did not arrive. Instead, investors are being forced to rethink risk, cash flow, and capital allocation heading into 2026.   In this episode of the Espace Montreal Podcast, Axel Monsaingeon speaks with Marie-Claire Laflamme-Sanders, Senior Vice President and Practice Lead within Avison Young\u2019s Qu\u00e9bec Capital Markets Team, about why net lease real estate has become one of the most resilient investment strategies in today\u2019s uncertain market. Drawing on insights from the Toronto Real Estate Forum and active transactions across Canada, Marie-Claire explains how investors are pricing stability, why single-tenant assets are back in favor, and how net leases function as a hybrid between real estate and corporate bonds.   The conversation also covers the return of interest in office real estate, the rise of sale-leaseback transactions as companies unlock capital, and why Montreal continues to attract both private and institutional investors despite ongoing political and economic headwinds. This episode offers a grounded, real-world look at how sophisticated investors are protecting cash flow and positioning portfolios for the next phase of the cycle.   Topics & Timestamps \ud83c\udf99\ufe0f Net lease real estate, and why it matters right now (intro) 01:03 \ud83d\udcc9 \u201cSurvive to 2025\u201d becomes \u201cPersist to 2026\u201d after early-year shocks 01:55 \ud83c\udde8\ud83c\udde6 Market reaction: tariffs, immigration slowdown, and a new operating reality 03:11 \u23f8\ufe0f\u27a1\ufe0f\u25b6\ufe0f Pens were down, now deals are moving again 05:18 \ud83c\udfe2 What a net lease is (single tenant, triple net, expenses passed through) 06:51 \ud83d\udee1\ufe0f Why net lease wins in volatility: stability, inflation protection, bond-like cash flow 07:28 \ud83d\udcc8 Why demand for net lease increased in the last 12\u201318 months 09:04 \u2696\ufe0f The big risk and the real framework: tenant covenant vs real estate quality 11:06 \ud83d\udcc9\u27a1\ufe0f\ud83c\udfe2 Sale-leasebacks explained: why companies sell and lease back their buildings 12:38 \ud83d\udcc6 How long sale-leaseback leases need to be (10\u201315 years, often 20+) 13:52 \ud83c\udfe6 Who buys net lease assets: institutions vs family offices and privates 14:12 \ud83c\udf54 Net lease in small markets: QSR portfolios, recyclability, and why they sell well 15:22 \ud83c\udfe2 Office resurgence: lease rollovers, return-to-work, and the \u201cflight to quality\u201d 17:17 \ud83d\udeab \u201cWe could not use the word office\u201d and how that narrative is changing 19:08 \ud83c\udfd9\ufe0f Deloitte Tower and what a Class A trade could benchmark in Montreal 20:29 \ud83d\udcb0 Montreal\u2019s buyer depth: why big private capital steps up locally 21:45 \ud83e\udde0 Quebec perception gap: language, politics, tenant culture, and investor education 23:16 \ud83d\udc4b Wrap and how to connect with Marie-Claire and the team 25:01   \ud83d\udd17 Connect with Marie-Claire Laflamme-Sanders \ud83d\udcbc LinkedIn: https:\/\/www.linkedin.com\/in\/marie-claire-laflamme-sanders \ud83c\udfe2 Avison Young: https:\/\/www.avisonyoung.com\/   \ud83d\udc64 Follow Axel Monsaingeon \ud83d\udcbc LinkedIn: https:\/\/www.linkedin.com\/in\/axel-monsaingeon-42577b28\/ \ud83d\udcf8 Instagram: https:\/\/www.instagram.com\/axelmonsaingeon   \ud83c\udf10 Explore more resources \ud83d\udcca Market guides, data, and advertising opportunities: https:\/\/www.e5pace.com\/ ","author_name":"Espace Montr\u00e9al Podcast","author_url":"https:\/\/www.e5pace.com\/","html":"