Net Lease Realty Partners is based out of Carlsbad, California and has been specializing in the sale of single-tenant, net leased properties and assisting clients with 1031 exchanges since 1992. Our sole mission is to maximize our clients’ financial returns. Knowing that each client is unique, we devote the crucial time necessary to delve into your specific financial and investment goals. Our extensive knowledge and years of expertise will secure the right investment for you and your family.
Your goal as an investor is to build wealth plus know what the Internal Revenue Code can offer, by deferring your capital gains tax when disposing of your investment property.
We work to protect your assets through specialized services that can defer capital gain taxation indefinitely. By giving you secure access to the power of exchanges, you can turn your security into a rewarding reality!
Sign up to receive our New Listing Updates. By submitting your information, you’re granting us permission to email you. We promise to never send you spam and you can unsubscribe at any time.
Paul Bonanno is one of the nation’s leading experts on single tenant properties and commercial real estate investments. Paul and his company have brokered hundreds of 1031 and 1033 IRC Tax Deferred Exchanges and over Two Billion Dollars in commercial real estate with 30 years of experience in the real estate industry.
More about Paul
Paul has worked with numerous institutional and private investors and has sold properties tenanted by such companies, as Wal-Mart, Wells Fargo Bank, CVS, Walgreen’s, McDonald’s, Taco Bell Chick-Fil-A, Jack in the Box, AutoZone, Dollar General, 7-Eleven, Starbuck’s, PetSmart and many others. Paul started Net Lease Realty Partners in 1998 with the vision of providing clients with a level of personalized service and expertise not readily available in large commercial brokerage firms.
As a result, Net Lease Realty Partners has become one of the top producing niche brokerage firms in the single tenant leased investment and retail category.
Paul has been in the industry for thirty years, most notably as partner with Net Leased Real Properties (1992-1998), and as president of Net Lease Realty Partners. During his time in the industry, Mr. Bonanno represented clients in over $2 Billion worth of real estate transactions spread over hundreds of escrows. Mr. Bonanno’s transactions have included both Buyer and Seller representations in over 40 states. Mr. Bonanno has presold properties and worked on the development of properties including Walgreen’s, AT&T, Kroger, Vons, Bank of America, Jack in the Box, Taco Bell, Burgert King, Cava, Carl’s Jr., Hardee’s, Barnes & Noble, Federal Express, DaVita, Fresenius, O’Reilly, Staples, IHOP, Olive Garden, Chili’s, 7-Eleven and more. In addition, Mr. Bonanno has sold office, apartments, industrial and retail centers located in California, Colorado, Texas and Florida. In San Diego & Orange County, Mr. Bonanno sold many different assets ranging from the AT&T Industrial Buildings, Federal Express, The Pacific Station, ocean view offices, Tractor Supply, Barnes & Noble, McDonald’s, Taco Bell and a variety of retail properties ranging from 1-20 tenants. Mr. Bonanno works with a large network of institutional clients and private investors to find the best positioned properties. When working as a Buyer Representative for investment properties, Mr. Bonanno utilizes his network and relationships to identify and qualify properties that are best suited for his clients. He also reviews all due diligence materials and assist his investors on the acquisition process. On the listing side Mr. Bonanno has pre-sold hundreds of build-to-suits, packaged groups of properties for institutional portfolios and has been involved with over 250 sale-leaseback transactions. Paul has also assisted in Lease renewals, re-tenanting vacant locations and new development of Build-to-Suit projects. Mr. Bonanno has an extensive network of direct principals and sells a large percentage of his listings directly to clients. Paul Bonanno is recognized in the market as a net leased investment expert and investment real estate advisor who is very knowledgeable with 1031 and 1033 IRC Tax Deferred Exchanges, Sale-Leasebacks and Build-to-Suit developments.
Other Experience
Paul Bonanno served as one of four principals at BGMS Land Partners in Austin, Texas. BGMS has bought and sold entitled land in Austin MSA. Mr. Bonanno also owns and manages Paul J. Bonanno Enterprises, Inc. a brokerage and investment development firm. Mr. Bonanno has owned and developed industrial and office projects in the Vista Business Park and along Coast Highway 101 in Encinitas, California, a 12.3 Acre retail sub-division in Vero Beach, FL, 10 acres of residential land in Pflugerville, TX and 18 acres of commercial land in Leander, TX. Paul is also a limited partner on a multi-family development in Phoenix, AZ and was an owner and the Broker for the Gig Harbor Marina in Washington.
Other Awards & Accomplishments: Mr. Bonanno has been the top Salesman in the office over the Past 25 years. Additionally, in 2002 and 2003, Mr. Bonanno was the “Top Gun” Salesman for Commercial Net Leased Realty (a $4.5 Billion Real Estate Investments Trust now owned by GE Capital). Paul is a Platinum award winner on Crexi the past two years for brokerage volume. Mr. Bonanno has also served as the CFO in the development of Depot.com an internet-based packaging supply company located in Oceanside, CA.
Prior to NLRP, Mr. Bonanno was an investment consultant for the North County office of CB Commercial in San Diego (Now CB Richard Ellis). While in this position Mr. Bonanno evaluated over $100 Million worth of investment real estate including retail centers, apartments, industrial and office buildings.
Education: Mr. Bonanno is a graduate of the Marshall School of Business at The University of Southern California. At USC Mr. Bonanno minored in Finance/Entrepreneurship. Mr. Bonanno is a member of International Conference of Shopping Centers and Delta Sigma Pi an international business fraternity.
Personal: Mr. Bonanno lives in Encinitas, California with his wife Stacey and their three children Liberty, Skylar and Grayson. They have three dogs, Murray, Charles & Fred and a horse named Gunner. Paul and Stacey are active with North Coast Christian Church, Children’s Heritage Foundation and the San Diego County Disabled Veterans Association. Paul coached several years of Little League Baseball in Encinitas. Paul enjoys golf, sport fishing, pickle ball and snow skiing in his free time.
Erik Sjolund is a Senior Associate of Net Lease Realty Partners. His professional experience includes a proven track record of single asset acquisition & disposition, portfolio valuation & sales, with a focus on the utilization of the IRC 1031 tax-deferred exchange. Mr. Sjolund has assisted many multi-generational landlords in Southern California to take advantage of the 1031 exchange laws to sell low-income and or management-intensive real estate assets, and trade into higher-yielding, corporately leased investment properties with zero landlord responsibilities while deferring their capital gains.
Mr. Sjolund has an intricate understanding of real estate investment strategies with a focus on the advisory of private high net worth individuals and family trusts. Through his experience Erik has built relationships with high-net-worth private real estate investors, private family real estate offices, commercial developers, private and public Real Estate Investment Trusts (REITs), and other various institutional real estate investment firms and corporate tenants.
Prior to joining NLRP Erik was a Senior Associate at Lyon Stahl Investment Real Estate in Manhattan Beach, and also the former Co-Founder of Beach & Urban Commercial – a boutique investment real estate advisory firm & brokerage in Beverly Hills. Mr. Sjolund currently lives in North County San Diego and in his free time enjoys playing golf, spending time with his family or walking his dog Bogey.