Net Lease Chasing Yield

Posted on GlobeSt.com | April 9, 2019 View Original Article Here     "Nothing is on our 'No' List," said one panelist at GlobeSt.com'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...]

Just Closed – $5.35 Million Multi-Tenant Office Investment Sale

  Carlsbad, CA – January 31, 2019 – Barr & Bennett Net Leased Investments Group, a Lee & Associates investment team, has completed the $5,350,000 sale of a 28,042 SF multi-tenant office building located at 2385 Camino Vida Roble in Carlsbad, California.  The property, located in the highly desirable North San Diego County … [Read more...]

Barr & Bennett Net Leased Investments Group Completes $2.75 Million Office Investment Sale | Carlsbad, CA

  Carlsbad, CA – December 12, 2018 – Barr & Bennett Net Leased Investments Group, a Lee & Associates investment team, has completed the $2,750,000 investment sale of a 12,176 SF office building located at 3176 Lionshead Ave in the Lionshead Pointe Business Park.  The Seller, doing Business as Cenergy Power, signed a 5-year … [Read more...]

Chinese Cross-Border Investment Pull-Back Filled by Canadians

Reported by ConnectMedia CRE | August 31, 2017 View Original Article Here     The volume of Chinese real estate investment in the U.S. ebbed during the first half of 2017, though Canadian investors reclaimed the lead as the largest source of cross-border investment capital. RCA’s latest report of capital flows showed … [Read more...]

Walgreens, Rite Aid Call Off Merger, Forge Acquisition Deal

Published on GlobeSt.com | June 29, 2017 Written by Paul Bubny View Original Article Here     Nearly 2,200 Rite Aid locations will make the transition to the Walgreens brand, with the stores coming into the Walgreens Boots Alliance fold on a phased basis.   DEERFIELD, IL—Walgreens Boots Alliance Inc. and Rite Aid … [Read more...]

An Auto Parts Retailer Comparison

Posted on GlobeSt.com | Oct. 5, 2016 Written by Jonathan Hipp   View Original Article Here     Auto parts stores don’t usually make the top of the list when investors are looking for “flashy” retail opportunities. But as far as net-lease investments go, these chains are reliable performers providing consistently … [Read more...]

Barr and Bennett Net Leased Investment Group Completes the $3.6 Million Sale of Quaker Steak and Lube

  Middleton, WI—March 10, 2016— Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed the $3,620,000 sale lease-back of a newly renovated restaurant building occupied by national franchisee, Quaker Steak & Lube.   Quaker Steak & Lube, named the fourth … [Read more...]

Barr & Bennett Net Leased Investment Group Negotiates $14.3 Million Industrial/R&D Investment Sale

GENEVA, OH—November 9, 2015—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed on a rare investment opportunity for an R&D manufacturing facility in Geneva, Ohio. The property is divided into two buildings, totaling approximately 239,454 square feet and was renovated in 2006 … [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...]