Shake Shack opened its first drive-thru in late 2021, and early numbers show why the fast casual is leaning so heavily into the order channel. In the past four months, average weekly sales per restaurant trended above $80,000, equating to… Read More
CIRE Weekly
Investors Turn to Veterinary Clinics
A move by millions of American households to acquire a cat or a dog during the pandemic has been an added boon for the veterinary real estate sector that’s growing in popularity among investors. Both group and individual investors have… Read More
CRE Money is Moving Among States
“Follow the money” has for decades been a popular phrase in investigative journalism. But for far longer it’s been a de facto principle in business and investing. A new Marcus & Millichap video addresses the increasing movement of capital between… Read More
The Net Lease Landscape is Shifting
Ben Reinberg, CEO of Alliance Consolidated Group of Companies, which specializes in net-leased healthcare investments across the US, is in the process of closing on the sale of the medical office asset that 12 months ago he could have traded… Read More
QDOBA New Digital Growth Lever
In the nearly two-and-a-half years since the pandemic began, countless brands have converted typical hero items—burgers, pizzas, and tacos—into virtual brands to better meet customer convenience. QDOBA wanted its share of these digital incremental gains, but in a somewhat atypical fashion…. Read More
Quiznos of Tomorrow Has Arrived
Quiznos is familiar with being an industry disruptor, says Brent Phillip, vice president of marketing and digital experience for parent REGO Restaurant Group. After all, the 41-year-old company prides itself as being the home of the original toasted sub. With… Read More
Issues Impacting CRE in 2022
The firm and industry observers point to bonds, returns, capital flows, expenses, energy, construction and central banks. LaSalle is expecting a high-impact second half of 2022, according to its Mid-Year Update. The firm provided the top 10 issues it believes… Read More
FY2022 Budget Reconciliation Bill
Senators Manchin and Schumer this week announced that the “Inflation Reduction Act of 2022” will be added to the FY2022 Budget Reconciliation bill.1 The bill includes changes to Section 1061 of the Code (which was added to the Code in 2017… Read More
QSR 50: The Industry’s Leading Annual Report
In the first full year following the onset of COVID-19, the country’s highest-earning restaurant chains battled for market share once again. Who grew in 2021? Who slipped? And who is ready to accelerate on the other side? Let’s dive in… Read More
Strong Buyer Demand for Industrial
A new report from Savills on the US industrial market for the second quarter of 2022 says that demand is still strong, but that has a lot to do with the market and some quirks about the general economic environment…. Read More