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New Data Paints Gloomier Picture By Christine Cooper and Rafael De Anda CoStar Analytics May 3, 2023 | 7:52 AM Growth in consumer expenditures outweighed a contraction in private investment that was driven by a slowdown in inventory accumulation, helping the real gross domestic product grow by 1.1% annualized for the first three months of the year, according […]

Sale leasebacks offer a more attractive capital solution for companies now. By Richard Berger | May 02, 2023 Green Street believes that WP Carey’s recent multimillion dollar sale-leaseback transaction with a leading generic drug manufacturer in Canada “could suggest increased demand for sale-leaseback financing following the recent banking crisis in early March that likely tightened bank lending standards […]

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 […]

Three Failures Are Expected To Affect the Property Industry and Broader Economy, Professionals Say The collapse of Silicon Valley Bank will lead to further tightening of lending standards, real estate professionals say. (Getty Images) By Ryan Ori and Mark Heschmeyer CoStar News March 16, 2023 | 4:20 P.M. The collapse of three U.S. banks means that one of […]

February 2023 Results & Trends U.S. retail sales in February were down 0.4% from the prior month but increased 5.4% from a year earlier, the Commerce Department reported. (Getty Images) By Lou Hirsh CoStar News March 15, 2023 | 5:31 P.M. Retail Sales Decline February’s U.S. retail sales declined 0.4% from the prior month but showed […]

Available Retail Space Is Getting Harder To Find in Both Small and Large Size Formats Last year, convenience store chain 7-Eleven opened its first Laredo Taco Co. drive-thru restaurant in its hometown of Irving, Texas, sharing space with one of its new 7-Eleven Evolution stores. (7-Eleven) By Brandon Svec CoStar Analytics March 15, 2023 | 2:11 […]