Net Lease Retail

Drugstore Overviews CVS Pharmacy Tenant Report CVS faces challenges and reboots strategy amidst declining profit margins In late 2021, CVS Health Corporation, grappling with declining profit margins and evolving consumer habits, announced plans to close approximately 900 of its U.S. stores over a three-year period starting in spring 2022. This strategic move is part of […]

REIT Earnings Recap & Forward Momentum: Q3 2024 Quarterly Insights from Open-Air Shopping Center REITs The open-air shopping center REITs recently wrapped up their earnings calls for Q3 2024 and gave their insights on what they expect for the remainder of the year. Property operations continue to remain rock solid as occupancy numbers and leasing […]

Why Private Equity is Investing in the Collision Repair Market The collision repair industry has transformed significantly, evolving into a $36 billion market experiencing rapid growth fueled by private equity (PE) investments. Once dominated by independent operators, the sector is now increasingly controlled by large, multi-shop operators (MSOs) with strong financial backing. Over the past […]

South Florida Retail Market Report Palm Beach Market Overview Palm Beach retail leasing activity has experienced a slowdown driven by lack of available space. Over 1.6 million SF has been leased in 2024, down from recent peak levels of over 2.6 million SF leased over Q3 2021. Total leased SF makes up over 13% of […]

Houston Retail Market Report Market Overview The Houston retail market remains at an equilibrium moving into the end of the year. Net deliveries have exceeded demand over five out of the past six quarters. Moveouts over the first three quarters of 2024 were up almost 20% year-over-year. The overall availability rate has been higher as […]

What to Look Out for When Reviewing an NNN Lease What is a Triple Net Lease? A lease agreement where the tenant agrees to cover all expenses, including property taxes, building insurance, and maintenance, in addition to paying rent and utilities, is known as a triple net (NNN) lease. This is a type of commercial […]

Top Three Trends Facing Drugstores Pharmacy on Demand For decades, chain drugstores thrived, expanding their reach and capturing a dominant share of the market. But the past four years have seen a shift. Facing a new online reality and competition from e-commerce giants like Amazon, Costco, and Mark Cuban’s Cost-Plus Drugs, chain drugstores have entered […]

1H 2024 Brooklyn Market Report | Multifamily, Industrial, Mixed-Use Brooklyn Multifamily The Brooklyn Multifamily sector saw ~$565M of sales volume across 91 separate transactions in the first half of 2024. $305M of the total sales volume came from the second quarter, roughly a 15% increase compared to Q1. Any increase in dollar volume is music […]

How Shifts in Consumer Habits Impact Retail Investment In today’s economy, the consumer drives change. As consumer habits, behaviors, and preferences shift at a faster rate than ever, so must the strategies of property owners, investors, and retailers. Recent economic indicators paint a nuanced picture. Consumer spending, long a pillar of economic growth, shows signs […]