Capital Is Heading Out of State for NNN Retail Deals

Posted on | April 23, 2019 View Article Here     The harsh tax environment and limited investment opportunities are pushing local Southern California capital to other markets for triple-net single-tenant deals.   California capital is heading to other markets for single-tenant triple-net deals. There are … [Read more...]

Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion

Posted on | April 19, 2019 View Original Article     (Reuters) - Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer.   The deal comes after Apollo … [Read more...]

US retail sales soared 1.6% in March

Posted on | April 18, 2019 View Article Here     WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped.   The Commerce Department said Thursday that sales increased a seasonally adjusted 1.6% from … [Read more...]

Lease Accounting Changes Hit Corporate Bottom Lines

Posted on | April 17, 2019 View Article Here     Liabilities, Higher Occupancy Costs on Balance Sheets Prompt Firms to Own Land or Shorten Terms   Cedar Fair Entertainment Co. agreed to buy the land under its Great America amusement park in Santa Clara, California, for $150 million not only … [Read more...]

No, Online Sales Aren’t Beating Brick-And-Mortar Retail

Posted on | April 10, 2019 View Original Article Here     There are three types of lies: lies, damn lies and, apparently, retail statistics. A recent U.S. Department of Commerce retail report showed non-store sales eclipsed general merchandise sales by a narrow margin in February, a first in the history … [Read more...]

Net Lease Chasing Yield

Posted on | April 9, 2019 View Original Article Here     "Nothing is on our 'No' List," said one panelist at's RealShare Net Lease conference.   NEW YORK CITY—E-commerce is not going away. So, Jimmy Goodman, a partner at the Boulder Group, moderating the “State of the Industry” panel at … [Read more...]

Grocery store openings increased 30% in 2018

Posted on | March 27, 2019 View Original Article   More than 17 million square feet of new grocery stores opened   New grocery store openings were up 30% in 2018, with more than 17 million square feet of space added in the United States, according to JLL’s Grocery Tracker 2019 report. More than … [Read more...]

Retail Sale-Leaseback Deals Are on the Rise

Posted on | March 20, 2019 View Article Here       These transactions are particularly popular for retailers looking to unlock capital tied up in real estate as an alternative to financing   Retail sale-leaseback deals are on the rise. Retailers are using the transaction structure to unlock … [Read more...]

The Net Lease Preference for Medtail

Posted on | March 19, 2019 View Original Article Here     NEW YORK CITY—Medical retail or “medtail” is the sector that interests Envoy Net Lease Partners. That’s one tip from Ralph Cram, the president of the real estate finance company that specializes in single-tenant net leased properties. He’s one of the … [Read more...]

New Opportunity Zone Tool Shows Some Tertiary Markets Have Investment Potential

Posted on | March 13, 2019 View Article Here     A new opportunity zone ranking highlights how some small markets present as much economic opportunity as coastal U.S. cities, but the question remains if the capital-sensitive commercial real estate industry will take a tertiary market plunge anytime … [Read more...]