Investment giant strikes $8 billion deal for majority stake in sandwich shop business Jersey Mike’s Subs is going to be majority-owned by New York-based private-equity firm Blackstone. (CoStar) By Linda Moss CoStar News November 19, 2024 | 5:08 P.M. Blackstone still has a hearty appetite for investing in restaurant chains as it looks to buy a […]
US store closings soar past any full-year total since height of pandemic in 2020
But there are tenants to fill the space with retail vacancy still low, analysts and brokers say Announced store closings have surged in the back half of 2024. (Getty Images) By Linda Moss CoStar News November 6, 2024 | 5:33 P.M. U.S. store closings have accelerated, surpassing any full-year total since the height of the pandemic […]