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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

Why More 1031 Exchange Buyers Are Seeking an Upleg

Commercial Property Executive

Single-tenant net-leased retail assets have historically been the go-to investment for small-to-midsize 1031 exchange buyers seeking to secure a cash-flowing passive investment. But the current economic turbulence created by retailer shake-ups, changes (or impending changes) in tax legislation, and other COVID-19-related and unrelated challenges is creating uncertainty when it comes to commercial property ownership.

We are seeing increased transaction velocity in the STNL 1031 exchange market as more and more investors cast a critical eye on their holdings and look for a 1031 upleg move to create a better position for themselves. When the economy is plugging along and strong, …

Leigh ClineWhy More 1031 Exchange Buyers Are Seeking an Upleg

Never Bet Against Warren Buffett

globest.com

Berkshire Hathaway has “doubled-down” on its original 2017 purchase of 18.6 million shares of Arizona-based net lease REIT STORE Capital, picking up an additional 5.8 million shares.

If you need any further proof that Berkshire Hathaway CEO Warren Buffett is the wisest man in America, click on this link, to see his move deeper into the net lease space.

Proclaiming net lease investments as “the new gold standard for income oriented investors,” the Forbes article reports that Berkshire Hathaway has “doubled-down” on its original 2017 purchase of 18.6 million shares of Arizona-based net lease REIT STORE Capital, picking up …

Amanda WillisNever Bet Against Warren Buffett