Eventually, a lot of distressed non-grocery anchored shopping centers will start hitting the market.…
Don’t believe everything you read. If you do, you’re likely to make the assumption that all of retail is a vast wasteland, that bankruptcies and defaults are the only order of the day and all a formerly vibrant shopping center is good for now is conversation to a fitness center.
Readers of this blog know better. As do readers of GlobeSt.com. In two recent articles, GlobeSt made it clear that retail investments (and for …
After slumping in the second quarter, single-tenant net lease sales rose 13.8% in Q3, according to the U.S. Capital Markets Net Lease Group Cap Rate Report from Avison Young.…
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. …
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.…
CVS Pharmacy is one of America’s largest, most profitable, and oldest retail corporations. In 1963, Ralph Hoagland partnered up with brothers, Sidney and Stanley Goldstein to open, what they called then, a chain of “Consumer Value Stores” where customers could buy affordable beauty and health supplies. Not only was the timing right, but also their idea to sell beauty and health supplies tapped into the underserved pharmaceutical retail market that has proven to be one of the most reliable, profitable, and sustainable retail investments of the last fifty years.…
With the third quarter of 2020 drawn to a close, investors have now spent over seven months operating in a pandemic-stricken environment and have adjusted their net lease investment targets accordingly. Whereas nearly every sector saw a drop in volume between the first and second quarter, certain sectors that have experienced minimal disruption in their day-to-day business are now seeing significant rebounds in investment volume.…
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.…
With Covid-related uncertainty top of mind for many investors, net lease properties have become one of the most in-demand real estate asset types in Los Angeles.…
