In the week ending April 12, year-over-year same-store sales growth improved for restaurants for the second consecutive stretch, according to Black Box Intelligence. Comp sales and traffic both dropped 59 percent. While that number is alarming, it’s also the first… Read More

For assets leased by essential service providers, the cap rates haven’t changed, says one market insider. “But if there’s any kind of hair on the deal… it’s not doing well.” The net lease retail sector boasts a reputation for being… Read More

The Golden Arches have lost some of their sales sheen during the coronavirus pandemic, but the real estate strategy of McDonald’s Corp. might serve up a bit of respite from an economic grilling. McDonald’s reported April 8 that overall same-store… Read More

If you’ve walked the aisles of a grocery store recently you’ve probably noticed one of two things. Maybe both. Products are hard to come by. And nothing is on sale. The financial impact of COVID-19 has shifted the core of… Read More

A decade ago, fast casual underwent a genesis. Once a niche category with a few players spread across a handful of cuisines—say, Chipotle and Baja Fresh covering Mexican and Panera Bread and Corner Bakery tackling the bakery-café space—fast casual suddenly… Read More

Panera Bread wasn’t the first restaurant chain to start selling groceries, but it was the biggest. And similar moves have echoed across the industry in recent weeks as restaurants claw for share with grocers, which have seen their financial fortunes… Read More

The COVID-19 pandemic has forced discretionary retailers to temporarily shutter stores around the U.S. to help stop the spread of the virus. Desperate times call for desperate measures, and to make up for lost in-person sales, retail chains have been… Read More

April 1st has come and gone. Exact numbers are spotty, but commercial owners are reporting that some tenants have not yet paid rent for the month—including as many as 50 percent of small businesses. That’s pushing tenants and landlords to… Read More

Part III – Administrative, Procedural, and Miscellaneous Update to Notice 2020-18, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic Notice 2020-23 I. PURPOSE On March 13, 2020, the President of the United States issued an emergency declaration… Read More

The medical office market appears to be a clear winner in a U.S. commercial real estate environment made murky by the coronavirus-generated economic nosedive. “Generally, if you own a medical office building, you know that you’re going to probably survive… Read More