Month: April 2023

New Investment Activity Has Been Dormant for Seven Months By Mark Heschmeyer and Nicole Shih CoStar News April 26, 2023 | 2:41 P.M. Some of the largest nontraded real estate investment trusts expanded their commercial property portfolios by $49.4 billion in the first two-thirds of 2022, but they haven’t reported completing a significantly large purchase in more […]

Falling Prices, Rising Competition Causes Rethink of Real Estate An oversupply of marijuana and increased competition in legalized sales is cutting prices. (iStock) By Mark Heschmeyer CoStar News April 24, 2023 | 3:57 P.M. The legalized cannabis industry appears to be moving more rapidly toward leasing property as opposed to buying it as new states open […]

04/14/2023 Amazon CEO Addresses Grocery Brick-and-Mortar Need On Thursday, Amazon CEO Andy Jassy wrote a letter to Amazon’s shareholders discussing various aspects of the company including the direction it will take its grocery business. “While we’re pleased with the size and growth of our grocery business, we aspire to serve more of our customers’ grocery […]

The single tenant NNN real estate market is changing rapidly which presents both challenges and opportunities for buyers and sellers. Understanding the current market conditions is critical for investors looking to capitalize in today’s market whether you’re buying, selling, refinancing, or adjusting your expected hold period. Demand for NNN properties remains strong, however overall velocity […]

One of World’s Largest Facilities Leases Space in Former Saks Off 5th in Connecticut A rendering depicts the exterior of Pickleball America facility planned for a former Saks Off 5th store at a mall in Stamford, Connecticut. (Houlihan Lawrence) By Linda Moss CoStar News April 6, 2023 | 4:53 P.M. Pickleball courts, used in the nation’s […]