Convenience store chain also agreed to $520 million sale-leaseback of stores 7-Eleven and other convenience store chains are expanding offerings of prepared foods to offset a sales slowdown in other areas. (CoStar) By Andy Peters CoStar News October 10, 2024 | 4:29 P.M. The parent company of 7-Eleven is planning to close 444 stores in the […]
Insatiable data center demand pushes sector to record-low vacancy
As US power grid nears full capacity, some companies are finding new ways to generate power By Candace Carlisle CoStar News October 4, 2024 | 1:08 P.M. The nation’s data center market is showing no sign of letting up as insatiable demand, driven by the rapid growth of artificial intelligence, pushes the sector to record-low […]
Home Depot shutters three large US distribution centers in less than 30 days
Closings reflect broader challenges for retailers affected by low home sales and slowing residential construction Elwood Logistics Center in Goodyear, Arizona, was one of Home Depot’s 10 largest U.S. distribution centers before it was listed for sublease in September. (John Williams/CoStar) By Adrian Ponsen and Connor Devereux CoStar Analytics October 2, 2024 | 2:47 P.M. Since the end […]