Hanley Investment Group Real Estate Advisors arranged the sale of two new construction, single-tenant properties occupied by a Quick Quack Car Wash to two private buyers within 30 days. The two properties in Grand Terrace and Lodi sold for a combined…
Hanley Investment Group Real Estate Advisors arranged the sale of three new-construction, single-tenant properties occupied by a 950-square-foot Dutch Bros Coffee drive-thru format to three different private buyers in 30 days. The properties, which sold for a combined $8.08 million, each…
Partners Real Estate has brought on Atlanta Land Sales brokers Matt Hawkins, Pierce Owings, and Sarah Morgan. Their role is to grow the firm’s land sales practice in Atlanta. Since opening in June 2024, the company’s newest office is now…
A retail portfolio spanning 120 JCPenney stores across the U.S. could fetch more than $1 billion in what industry professionals are calling a rare offering for an institutional investor, CoStar reported. Newmark plans to list the 15.86-million-square-foot portfolio in 34…
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back to life, Bloomberg News reported. One reason is that lenders and owners want to cut their losses and make new…
SRS Real Estate Partners Capital Markets said that over the past 18 months, the firm has sold a total of 50 drive-thru properties occupied by single-tenant, net-leased coffee shops including Starbucks, 7 Brew, Caribou Coffee, Dunkin’, Dutch Bros Coffee and Scooters…
The Newport Beach-based SRS Real Estate Partners Capital Markets team has sold a total of 33 7-Eleven-occupied properties over the past 18 months, valued at $242 million with an average cap rate of 5.27%. Additionally, SRS has 24 7-Eleven assets…
CBRE finalized the sales of two six-unit multifamily properties in San Clemente to individual private investors, resulting in a combined sale price of $5,545,000. EVP Dan Blackwell, first VP Mike O’Neill and associate Amanda Fielder represented both the buyers and…
SRS Real Estate Partners Capital Markets, based in Newport Beach, said that over the past 12 months, the firm has sold a total of 10 properties occupied by Chick-fil-A valued at $48 million with an average cap rate of 4.2%….
According to Northmarq’s Single-Tenant Q1 2024 report, investment sales activity hit $11.2 billion, a 26% increase from the previous quarter. While the numbers reflect “a 4.5% decline compared to this time last year,” the Northmarq analysts note that the sector…
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