NewLake Capital Promotes Jarrett Annenberg to Senior Vice President, Head of Investments
April 05, 2023 at 05:00 pm IST
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NewLake Capital Partners, Inc. announced that Director of Acquisitions, Jarrett Annenberg, has been promoted to Senior Vice President, Head of Investments. Mr. Annenberg is a co-founder of NewLake and, in addition to acquisitions, he assists in NewLake's operations, portfolio management and capital raising efforts. Prior to founding NewLake, Mr. Annenberg spent ten years at CBRE where he was a Senior Vice President in CBRE's Transactions and Advisory Services Group managing global real estate portfolios for high-growth companies.
During his tenure at CBRE, Mr. Annenberg worked on over seven million square feet of transactions with total value consideration in excess of $1 billion.
NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. The Company supplies necessary real estate capital primarily to companies that cultivate, produce and/or dispense cannabis. The Company owns a portfolio of approximately 31 properties comprised of 14 cultivation facilities and 17 dispensaries. The Company's properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its properties are located in Florida, Pennsylvania, Illinois, Massachusetts, Missouri, Nevada, Arizona, California, Ohio, North Dakota, Arkansas and Connecticut.
NEWLAKE CAPITAL PARTNERS, INC. 
