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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.
Increased menu prices drove sales growth and operators saw strong demand.
Early data looks promising but that isn't the basis for a trustworthy trend yet.
Vacancy remains tight at 4.3 percent, tying 2018's record low.
The issue, says Brookfield, isn't too much stock for demand, but not enough.
More than 20% of the 1,700 office properties sold since January 2023 changed hands at a loss.
The number of abandoned and deferred projects increased in the second half of 2023.
Grocery Outlet doubles footprint with UGO purchase, Aldi buying 400 new stores.
So far it has contracts on 37 properties for $253 million.
Following a major year for bankruptcies, some retailers are showing signs of needing help.
Increased use of AI may be a growing factor.