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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.
Retailer plans to add 300 new stores, mostly with largest footprint.
Apparel dominated with luxury a major player, ultimately helping office return and hotel occupancy.
Among all CRE property types, the industrial sector has the lowest share of potentially troubled loans.
The new concept will first open this year on the Upper East Side in Manhattan.
Their confidence in the deal increased after the retailer's quarterly results.
In-place rents rose 7.6% year over year.
Nationally, net absorption continued to post losses in Q4 2023, driven most strongly by the West and East.
It's coming off a year when total investment volume was at its lowest point in 12 years.
Ordinance prohibits new dollar stores from opening within mile of existing outlets.
Vacancies rose in every region of the country and in almost every market, partly driven by 607 million SF of new development