Cap rates for top net leased dollar store brands have fallen since Q3-2013, according to GlobeSt.com (citing data from The Boulder Group): Dollar General: 6.75 percent (down by 51 bps); Dollar Tree: 7 percent (down by 75 bps); Family Dollar: … Continue reading →
The Q2-2014 retail property cap rates were at 6.99 percent according to National Real Estate Investor. Retail space occupancy increased to 88.3 percent – 20 basis points higher than Q-1 2014 and 50 basis points higher than one year earlier. … Continue reading →
The Wilkes Company and Quadrangle Development Corp. recently purchased two parcels on Third Street NW from the District of Columbia for $3.74 million. The developers intend to build a 350,000sf (324 unit) residential building (The Cantata) with a retail component and … Continue reading →
Whole Foods Market has signed a lease to take 40,000sf at Belmont Chase – a new retail development with six separate buildings totaling 86,808sf, according to CoStar. This will be the first Whole Foods Market in Loudoun County, Virginia. Other … Continue reading →
French shopping center owner/manager Klépierre plans to acquire Dutch rival Corio in an all-stock deal worth $9.7 billion, according to The New York Times. The combined companies would become Europe’s largest retail shopping center owner with 182 shopping centers in … Continue reading →
Dollar Tree Inc. will acquire Family Dollar Stores Inc. in a cash-and-stock deal worth about $8.5 billion ($9.2 billion including debt and other factors), according to The Wall Street Journal. The $74.50/share sale price includes $59.60 in cash and $14.90 … Continue reading →
Starbucks Corp’s third fiscal quarter sales in the Americas region grew by six percent with a seven percent rise in the US market. The company’s revenue grew by 11 percent to $4.15 billion,
Continue reading →According to Eurobank Property Services S.A. (citing data from Bank of Greece), residential real estate prices in Greece have declined by 35 percent from their Many pharmacies over internet offer cheap online forzest at very affordable prices which a common … Continue reading →
Retail sales increased by 0.2 percent in June after a 0.5 percent increase in May, according to Bloomberg Businessweek. Employers added 288,000 jobs last month, bringing the average monthly advance so far this year to ~231,000. If this advance rate … Continue reading →
Crumbs Bake Shop Inc. filed for Chapter 11 bankruptcy protection on Friday with plans to sell itself to an investor group that includes CNBC host Marcus Lemonis and Fischer Enterprises (owner of Dippin’ Dots). Crumbs, which started in New York … Continue reading →