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Premier Net Lease commercial real estate news, analysis, trends and information focusing on the property fundamentals, finance and investment trends for NNN, and other net leased retail, industrial, office and healthcare assets.
The shopping centers are located in the Midwest and Florida.
More than half to close this year after firm's review of underperforming outlets.
Net absorption has turned sharply negative in the suburbs.
It's all about extended bonus depreciation that buyers of certain properties could gain.
Cap rates averaged 6.9% at the end of Q4.
Specialty discount chains are like "retail therapy" for price-conscious shoppers.
But recovery is probably on the way as the category has been the least hurt.
Trepp examines how the same structural problems facing high-profile office properties are also found in smaller ones.
It is adding more stores in Southern California and Phoenix and entering new cities such as Las Vegas.
High bond yields that jumped to 5%, pressuring cap rates, have fallen back since the fall of 2023.