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A Split Congress Could Bode Well for 1031s

GlobeSt.com

Real estate has always been a scapegoat for economic troubles.

As the wrangling over the Oval Office continues, there could be good news in the cards for 1031 like-kind exchange investors. And here’s why. Despite campaign promises to keep or alter 1031s, this isn’t a decision that will come from the White House alone. …

Amanda WillisA Split Congress Could Bode Well for 1031s

Amazon’s Online Pharmacy Targets Popular Net Lease Segment

GlobeSt.com

Amazon expects to generate revenue upwards of $130 billion by 2025 from this new offering.

Through the pandemic, pharmacies have been an e-commerce resistant segment of the real estate market. But that could be changing with a new announcement from Amazon.…

Amanda WillisAmazon’s Online Pharmacy Targets Popular Net Lease Segment

Net Lease Volume Ticks up With These Four Sectors Performing Best

GlobeSt.com

The bellringer was QSR, which leaped quarter-over-quarter from 49 to 91 deals.

The pandemic is still with us, but the markets are beginning to absorb what is tiringly called the “New Normal.” Avison Young’s Third Quarter Cap Rate Report reveals as much, pointing to an increase in net lease activity by 13.8 percent over the previous quarter, reflecting a 40-deal jump. Of course, we’re watching the current resurgence in COVID-19 cases for indications that the disease will once again impact market activity.…

Traci BidingerNet Lease Volume Ticks up With These Four Sectors Performing Best

Prudent Growth Partners Bolsters Retail Portfolio

Commercial Property Executive

The company paid $4.5 million for two Dollar General and three Family Dollar stores in North Carolina.

Prudent Growth Partners has added five assets to its growing retail portfolio. The dollar stores, located throughout North Carolina, traded for a total of $4.5 million in five separate transactions.…

Amanda WillisPrudent Growth Partners Bolsters Retail Portfolio

Nelson Team Markets Harlem Retail

https://www.connect.media/

The Tri-State Investment Sales Group for Avison Young is marketing 324 W. 125th St., a 32,247-square foot retail building in Harlem. The asking price is $40,500,000.

Leigh ClineNelson Team Markets Harlem Retail

Net Lease Investors Come Off the Sidelines and Flock to Sure-Bet Deals

It should come as no surprise that the COVID-19 pandemic sent the investment market reeling. When the full impact of the crisis was setting in back in the first quarter, all sectors of the net lease market felt the dire pinch. Slowly, however, investors seem to be coming out of hiding and creating some activity, as our Q2 Cap Rate Report reveals. Note: We said “some.”…

Amanda WillisNet Lease Investors Come Off the Sidelines and Flock to Sure-Bet Deals

Avison Young Brokers Sale of Children’s National Prince George’s County at Woodmore Town Center

Jonathan Hipp, Avison Young Principal and Head of the U.S. Net Lease Group, today announced the sale of Children’s National Prince George’s County at Woodmore Towne Center in Glenarden, Maryland to Municipal Acquisitions.

On behalf of Heritage Partners, a national full-service real estate development firm based in the Mid-Atlantic, Hipp brokered the $39.3 million sale using a complex structure that allows Children’s National to transition from a leasing arrangement to ownership of both the newly constructed building and its underlying real estate.

Hipp navigated both sides through the complex transaction and found a creative solution to work around the …

Amanda WillisAvison Young Brokers Sale of Children’s National Prince George’s County at Woodmore Town Center