What does it actually take for a retail asset to survive the next 20 years? Karly Iacono gets a rare, unfiltered look inside the investment strategy of one of the world's largest net lease REITs — live from the ICSC Las Vegas PropTech floor.

Gino Sabatini, Head of Investments at W. P. Carey, breaks down exactly how they decide what's worth owning, what they walked away from, and where they're placing big bets right now.

Topics include:

-Defining "mission-critical" retail in 2026

-The single metric that drives every underwriting decision

-A category they owned 10 years ago they'd never touch today

-How they're structuring deals in a higher rate environment

-Portfolio construction across industrial, retail, and global assets

-The office exit strategy and what came next

-Where W. P. Carey is finding opportunity right now

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What Makes Retail Mission-Critical in 2026? W. P. Carey's Head of Investments Weighs In

Commercial Real Estate Now

What Makes Retail Mission-Critical in 2026? W. P. Carey's Head of Investments Weighs In