Category: Net Lease Retail

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Rite Aid Bankruptcy

Breaking News: Rite Aid Files for Bankruptcy

DATE October 24, 2023 / Author


Will It Be the End of the Pharmacy Chain? Rite Aid, one of the prominent pharmacy chains in the United States, filed for bankruptcy in a significant and surprising move. The company had been facing financial challenges for several years, primarily stemming from increased competition in the retail pharmacy sector and the changing healthcare landscape. […]

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cap rate expansion

What’s Driving Cap Rate Expansion?

DATE October 24, 2023 / Author


Deep Dive Into Cap Rates: Will Cap Rate Expansion Continue in 2024?   Higher Borrowing costs, uncertainty around monetary policy, and continued disconnect between buyers and sellers force cap rates upward.   Cap rate expansion, the scenario in which the capitalization rate of real estate assets collectively rises, began in 2023 and has continued throughout […]

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phoenix

Retail Market Report | Phoenix, AZ

DATE October 23, 2023 / Author


Q3 Phoenix, AZ Retail Market Report Market Overview The Phoenix retail market benefits from a combination of factors, including a strong local economy, diverse tenant demand, and limited supply, making it an appealing destination for retailers and investors. It is one of the nation’s top-performing markets for employment growth, adding over 42,700 jobs in the […]

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Cleveland

Multi-Tenant Market Report | West Side Cleveland

DATE October 12, 2023 / Author


West Side Cleveland Multi-Tenant Market Report Market Overview The West side of Cleveland offers a blend of old-world charm and modern attractions, with notable landmarks like the West Side Market, a historic public market dating back to 1912, which continues to draw food enthusiasts from near and far. This area is also known for its […]

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southeast

2023 Southeast State of the Market

DATE October 10, 2023 / Author


State of the Southeast Market Update Commercial real estate is taking a beating as ongoing interest rate hikes and weakening fundamentals have decelerated growth and sales activity. Although Southeast real estate reached record heights post-COVID-19, the region started to feel the pain in the first half of 2023, with transaction activity dropping and rent growth […]

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cleveland

Multi-Tenant Market Report | Cleveland East Side

DATE October 9, 2023 / Author


Cleveland East Side Multi-Tenant Market Report Cleveland East Side Market Overview Cleveland is located on the shores of Lake Erie and is known for its scenic beauty. Each of the included submarkets is situated on the East side, offering residents and visitors a perfect blend of small-town charm and easy access to the vibrant cultural […]

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Retail Market Report | Dallas-Fort Worth, TX

DATE October 9, 2023 / Author


Dallas-Fort Worth, TX Retail Market Report Market Overview Thanks to consistent demand, Dallas-Fort Worth’s retail market is proving resilient. Overall available space has fallen to the lowest share on record, sitting at roughly 24.1 million square feet. Big box retailers, national and regional grocers, discounters, and food and beverage tenants continue to drive demand. The […]

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downtown columbus

Multi-Tenant Market Report | Downtown Columbus, OH

DATE October 5, 2023 / Author


Downtown Columbus Multi-Tenant Market Report Market Overview Downtown Columbus, OH, is a lively urban hub known for its blend of culture, history, and modernity. Situated along the scenic banks of the Scioto River, it serves as the heart of Ohio’s capital. With its impressive skyline, diverse dining options, cultural attractions, and thriving arts scene, downtown […]

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florida

Retail Market Report | South Florida

DATE October 4, 2023 / Author


South Florida Retail Market Report Market Overview   Miami-Dade County’s retail market remains vibrant and resilient, demonstrating its strength despite a slight deceleration in leasing activity. The market continues to maintain historically low vacancy rates, highlighting its stability and attractiveness to retailers. The positive net absorption, propelled by robust household growth and the enduring strength […]

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