Tag: globest.com

Did Amazon’s Acquisition Of Whole Foods Alter The Net Lease Grocery Sector?

GlobeSt.com

While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.

It was big news when Amazon announced they were buying Whole Foods. Amazon was expected to ramp up their fresh food and cut prices in Whole Foods. Speculations about what this meant for the internet giant and future of the grocery industry ran wild. We wanted to look at a few measurable effects in the net lease market in the 12 months before the announcement of the acquisition and from …

Amanda WillisDid Amazon’s Acquisition Of Whole Foods Alter The Net Lease Grocery Sector?

Is The Rite Aid-Albertson’s Merger In Trouble?

GlobeSt.com

The proposed merger has been met with mixed reactions. Find out what it means to net lease investors.

Rite Aid has been an interesting tenant to follow over the last few years. Walgreens and Rite Aid entered into a merger agreement in October of 2015 before terminating the agreement in June of 2017 over mounting doubt the FTC would approve the action. Walgreens and Rite Aid announced a replacement to the deal whereby Walgreens would acquire 2,186 stores from Rite Aid for $5.175 billion. In September, this was amended to 1,932 locations at $4.375 billion. The agreement closed this past …

Amanda WillisIs The Rite Aid-Albertson’s Merger In Trouble?

Calkain Opens Office In New York City

GlobeSt.com

The company has hired Michael Heneghan to open and run the office.

HERNDON, VA–Calkain Cos. is expanding to its sixth location, this time in New York City.

It has tapped Michael Heneghan, who was Senior Vice President – Investments at Vereit/American Realty Capital Properties, to open and run the new office.

Amanda WillisCalkain Opens Office In New York City

Fast-Food Ownership: More Than About The Space

GlobeSt.com

Real estate investors interested in owning stand-alone quick-service restaurants should focus on lease terms, location and tenant credit-worthiness. Investors should also understand trends driving fast-food success.…

Amanda WillisFast-Food Ownership: More Than About The Space

Healthcare Tops 2017 Net Lease Headlines

GlobeSt.com

Walgreens’ final $4.4-billion offer to buy Rite Aid, and CVS Health’s $69-billion agreement to acquire Aetna were the major stories involving net lease properties. The forecast? Look for net lease property cap rates to move up from historic lows.…

Traci BidingerHealthcare Tops 2017 Net Lease Headlines

Knowing The Right Time To Sell

GlobeSt.com

Google the term “buying a triple net asset,” and you’ll see plenty of how-to articles on the topic.

However, that information seems to be lacking when it comes to selling a NNN property, which is too bad. The success of an investment isn’t only pinpointing the right time to buy, but understanding the right time to sell.…

Traci BidingerKnowing The Right Time To Sell

Has 1031 Been Saved (For Real Estate)?

GlobeSt.com

On Nov. 16, the House of Representatives passed HR-1 the “Tax Cuts and Jobs Act.” Now the legislation moves on to the Senate for its debate, markup and passage. Whether it passes the Senate and winds up on the President’s desk in its current form, or at all, is currently up for debate. Much has been made of the proposed changes to the deductions available to ordinary taxpayers, changes in the tax brackets and the lowering of the corporate tax rate. Any one of those changes could have significant impact on the average person, good or bad, depending upon how …

Traci BidingerHas 1031 Been Saved (For Real Estate)?

Can Starbucks Keep Opening New Stores?

GlobeSt.com

Starbucks has seen large amounts of growth over the past few years. With numbers taken from Starbucks Annual Reports from 2012 through 2016, we have seen growth accelerating in the number of US locations while the worldwide growth remains strong. Between 2015 and 2016, the number of US locations grew by nearly 5%. With this amount of growth in such a competitive space, will Starbucks be able to sustain its expansions?…

Traci BidingerCan Starbucks Keep Opening New Stores?