New Mountain shares insights on mission-critical manufacturing
by Andrea Zander
Manufacturing has long sat on the fringes of institutional real estate, but that may be changing. As U.S. production gains momentum and new supply remains constrained, mission-critical facilities are drawing more attention for their tenant stickiness, income durability and potential downside protection. In an IREI exclusive interview, Teddy Kaplan, managing director, president and CEO of Net Lease at New Mountain Capital, discusses what is driving the shift, how pricing is adjusting and where net lease can fit within an institutional portfolio.