A look at where the candidates stand on key issues that affect the commercial real estate industry. With the presidential elections drawing closer and the race between President Donald Trump and former Vice President Joe Biden getting tighter, economist Ken… Read More
CIRE Weekly
Pollo Campero Seeks Piece of Chicken Empire
The brand plans to open more than 250 domestic stores in the next five years. Only 77 of Pollo Campero’s 350 units are in the U.S. Sam Wong remembers hearing about chicken concept Pollo Campero nearly 20 years ago. He… Read More
AutoZone Capitalizes on Do-It-Yourself Boom
Auto parts retailer AutoZone (NYSE: AZO) ended its fiscal 2020 year in a high performance “zone” as its fourth-quarter results, issued Tuesday, attested. AutoZone’s net sales increased by 14% year over year to $4.5 billion. However, when accounting for an… Read More
NNN Deals & CAP Rates
After a quarter-over-quarter decline of 27 percent in net lease sales activity in the first quarter of the year due to the start of sweeping pandemic-related shutdowns and stay-at-home orders, investors proceeded with caution. Trades during the second quarter totaled… Read More
Update: Proposition 15 (CA)
California has one of the nation’s least business-friendly tax environments, ranking 48th on the Tax Foundation’s State Business Tax Climate Index, which measures tax structure. However, the state’s property tax code is a relative bright spot, with the state ranking… Read More
CARES Act Could Help Investors Increase Cash Flow
Comparing two key tax code changes in various combinations and scenarios using examples of $1 million in real estate investment shows dramatic differences and significant cost savings. The Coronavirus Aid, Relief, and Economic Security (CARES) Act introduces tax changes to… Read More
Amazon to Open 1,000 Small Delivery Hubs
Amazon plans to open 1,000 small delivery hubs in cities and suburbs all over the U.S., according to people familiar with the plans. The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online… Read More
Walmart to Open More Healthcare Centers
Walmart disclosed plans Thursday to open “Walmart Health” centers in the Tampa and Orlando, Florida markets and additional locations in Georgia that feature an array of primary medical services, dental care, and behavioral health services as part of a new… Read More
Developers Scout Reuse Possibilities
That math will become easier for developers if more distressed properties become available at a steep discount. It’s too soon for most developers to sign a contract to buy a failed hotel—but apartment developers are watching and waiting for prices… Read More
Adjustments in Pricing Lag a Decline in Values
One thing that buyers and sellers can agree on these days is that there has been a reset in property values across many sectors and geographic markets. Yet the sticking point that continues to stall transactions is determining exactly how… Read More