Discount and dollar stores are showing signs of strength heading into the busiest part of the holiday season, according to a new analysis of foot traffic to the largest US off-price chains. All showed foot traffic gains in the second… Read More
CIRE Weekly
CA Fast Food Law in Hands of Voters
California’s FAST Act, legislation calling for a statewide council to monitor fast-food workers, could be in the hands of voters. The Save Local Restaurants Coalition, which involves the National Restaurant Association, International Franchise Association, and the U.S. Chamber of Commerce,… Read More
LA Approves Tax Increase on RE Deals
Los Angeles voters approved a tax on the sale of mansions and other multimillion-dollar real estate transactions to raise money for affordable housing in the second-largest US city. The measure, known as Proposition ULA, boosts the one-time transfer tax to… Read More
NNN Investors Continued Interest in Medical Office
Medical office buildings have emerged as a favorite among investors interested in single-tenant net lease opportunities, according to a new report from Colliers. Overall, the STNL space posted strong performance in the first half of 2022 and hit a historic… Read More
McDonald’s New Restaurant Format
In McDonald’s top six markets globally, digital has rocketed to more than a third of system-wide sales, fueled by north of 43 million active app customers. The chain’s U.S. digital business boasted more than 25 million in Q3 driven through… Read More
Jack in the Box’s Growth Milestones
Jack in the Box expects net unit growth in fiscal 2023, something that’s been a rare occasion in the past decade. From 2013 to 2022, the burger chain achieved positive expansion just three times (2019, 2016, and 2013). But now,… Read More
Solid Property Fundamentals in Q3
With mixed economic growth results, waning job gains, increasing interest rates, and rising recession risk, the U.S. economy is facing numerous headwinds. Recent data from CoStar highlight the current state of commercial real estate fundamentals—excess net demand, occupancy rates, and… Read More
C-Stores Emerge as NNN Darling
Convenience stores are garnering big interest from both institutional and private investors looking for stable income opportunities in the net lease sector, according to a new analysis from B+E Net Lease. Cap rates remain low for quality net lease C-store… Read More
Wave of Equity to Hit Healthcare Market
Deal flow is slowing in the healthcare sector – but a “tidal wave” of equity will hit soon the market, according to one executive. “With all the money raised on the sidelines, we expect to see an ebb over the… Read More
Dutch Bros’ 800 Unit Goal
In 2018, Dutch Bros—a little more than 300 shops at the time—threw out a massive goal. The coffee chain expected to reach 800 shops nationwide by 2023. The moment of truth is just around the corner. And from where Dutch Bros… Read More