Satisfied Clients

Betty L., Dir. of RE Assets, Jack in the Box, Inc.

Thank you Paul for your assistance and professionalism in working with our team at Jack in the Box to successfully complete the many sale/leaseback transactions over the years.

Scott H., V.P. Dispositions, Cardinal Capital

Over the last few years, we have sold several deals to clients represented by Paul. I have recommended them to several investors because of their diligence and professionalism. They approached each transaction as if they were purchasing the deal themselves and were among the most diligent brokers I have ever worked with. They were tough, yet fair and balanced negotiators on behalf of their Purchasers.

Marilea S., Trust RE Dept, Union Bank of California

Paul not only presented the properties and represented us as Buyer on several occasions but he was very conscientious and diligent in working with us through the selection, through the contingency period....assisting at making the property available for inspection and appraisal, contacted title sources, and used the internet to communicate and to obtain property/community information. He made the arduous task of a 1031 tax exchange speedy and smooth and yet he covered all points and took particular care to work within time frames. I wholeheartedly recommend Paul and Net Leased Real Properties for his professional approach and attitude and very thorough understanding of lease and property analyses. A call to Paul is the only one I make when looking to purchase.

Susan H., Dir. of Investment Sales, CNL FN LP

CNL Franchise Network, LP represents and services more than 2,300 restaurant properties throughout the United States. Over the years we have sold several hundred triple-net lease properties with numerous retail tenants across the U.S. In doing so, we have worked extensively with the nationwide real estate broker network. Paul is an exceptional broker who consistently brings qualified clients that are well suited to our portfolio of investments. We are certain that his hands-on approach and sense of urgency on his client’s behalf are just a few of the many reasons he continues to be the best of the best. The CNL team is always excited to receive an offer of purchase from Paul. We know he has done the due diligence and that the purchase is the right fit for his investor, which ensures that everyone’s time and efforts are well spent.

Matt H.

Net Lease Realty Partners has serviced our family’s needs for nearly a decade. For the past eight years, NLRP (exclusively) has helped my family buy and sell real estate, including identification and purchase through 1031 exchanges, in the seven and eight figure range. Paul has helped guide some of our younger families with investment options and has been a great asset in planning and developing our family’s estate. We will continue to work with Paul and his team in the future and know we are in good hands.

Judy D.

Both my husband and my experience with Paul B. Co. has been nothing but exemplary. His help in 2001 and again in 2015 couldn't have been any better. Both the quality and scope of his choices made it possible for us to choose well within the government (IRS) exchange criteria, the best location and product to suit our needs. Worth mentioning that the 2015 exchange was able to be completed entirely whilst we were in our new home here in QLD. Australia. Thanks to PB Properties we are comfortably enjoying the piece of mind and financial security we were looking for in our retirement.

Sue and Joe C.

We have known and worked with Paul Bonanno for about 16 years and have always found him to be very professional and personable! He helped us successfully complete a 1031 exchange and walked us through the procedure every step of the way, as it was a new endeavor for us. We referred him to several friends, that also completed several 1031 exchanges with Paul successfully, that also feel the same way as we do about his professionalism! We highly recommend him and would continue to use his services in the future!

Ray V.

Paul and I have know each other for nearly 20 years. He was introduced to me by a fellow real estate broker and developer. We both had a need for a reliable source of NNN leased properties. Paul specializes and always has good inventory. He is well informed and knows the property details, and he has often had experience with the cooperating broker. Above all, Paul is honest and reliable. The three of us continue to do business together, and I would recommend Paul to anyone.

Marc P., Marker Development

I've been in the Real Estate industry for over 30 years and Paul is one of the best real estate brokers I've ever had the good fortune to work with. I've completed several purchases and sales with his help. He oversees all of the details of every aspect of the transaction. He identifies the right opportunities, helps with the financing requirements, resolves the title issues, reviews leases, assists escrow with closing and post-closing follow-up. Paul's the best!

Ken R.

I have known Paul Bonanno for many years and Net Lease Realty has been our 1031 Expert and Broker for a number of important transactions during this time. Without a doubt, Net Lease Realty has routinely been exceptional with their service, advice, assistance, expertise, contacts, honesty, and courtesy. I have found their attention to details and willingness to do what it takes has been a major factor in my family’s success with our properties. I can and will continue to offer my unsolicited endorsement of Paul Bonanno and Net Lease Realty. You will not find anyone better. 

Steve D.

I first worked with Erik Sjolund on a rather time-sensitive 1031Exchange transaction where I had found my up leg before I had sold my own leg. He was instrumental in managing the expectations of the seller's agent and keeping the transaction on course. Amazingly enough, Erik got me to buy that building after contacting me out of the blue, basically a cold call. He provided me with enough information that I was intrigued and went to look at it that day. Since that transaction, he has kept up with me -- calling from time to time and showing me just the properties that he knows I would be interested in. Erik always handles himself well and I can certainly speak for his abilities putting transactions together and getting them closed.

Danny M. 

I am writing this letter to endorse my highest recommendation of Erik Sjolund to any potential clients he seeks to enter dealings with down in San Diego or elsewhere. I originally developed a relationship with Erik via his reach-out efforts to me while he was marketing an apartment building close to one I own. He continuously kept up with me and always called me when he had or knew of a building close to one of mine. In 2016 I informed Erik that I was listing a building for sale with the broker who sold it to me several years earlier, as is my common practice. I encouraged Erik to run the building by any of his potential clients as the other broker was beginning to market the deal on LoopNet. Sure enough, within a day Erik brought us an offer for more than my asking price from an extremely strong 1031 exchange client with no contingencies. We closed the transaction per the contract with no price reductions or even attempts from Erik's client, which impressed me as the offer was more than my ask. The next property we worked on together was another apartment building in Venice Beach

Kevin M.

As a career real estate attorney in San Diego County, I rely on competent brokers in specific niche areas to meet my clients’ needs. For more than 10 years I have overlapped, and frequently worked with Paul Bonanno, and in several instances have referred my clients to his services. I know him to not only be highly familiar with the national net lease real estate market, but competent and responsible to his clients’ interests in the myriad details involved in those transactions. It is my pleasure to recommend him for his services involving the purchase or sale of net leased properties


216 N Coast Hwy 101
Encinitas, CA, 92024, US

Contact Us Directly:

Paul J. Bonanno                              760-452-2402
Investment Sales Consultant: 
Erik Sjolund                                       760-452-2401
Investment Sales Consultant:
Brennan Fontana                            760-452-2404

Transaction Coordinator: 
JoAnn Nygard                                   760-452-2403

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