Posted on GlobeSt.com | October 3, 2018 Written by Brian J. Rogal View Article Here The reaction to a recent increase in the 10-year Treasury rate may take a few months to set in. CHICAGO—The recent increase in the 10-year treasury rate was expected by many to push up cap rates in the nation’s single … [Read more...]
Rite Aid Buy Makes Ripples in NNN Market
Posted 11/3/2015 | GlobeSt.com By Brian J. Rogal View Original Article Here CHICAGO—The recent decision by Walgreens to buy Rite Aid for more than $9.4 billion in cash will set off ripples in the market for triple net lease properties. Drug stores like these are among the most popular options for investors, but the uncertainty … [Read more...]
Barr & Bennett Net Leased Investment Group Sells Rite Aid at Market Low 5.48% Cap
BOSTON, MA— September 3, 2015—Carpe Diem Management, LLC has purchased a single tenant building, occupied by Rite-Aid Pharmacy for $5,000,000. The building sale, located at 1329 Hyde Park Avenue in Boston, Massachusetts, had 13 years remaining on its original 20-year absolute triple net (NNN) lease with Rite-Aid at the time of the … [Read more...]