National chains that feature gas stations, like Wawa, 7-Eleven, Shell, Speedway and Cumberland Farms, are attracting a new generation of net lease investors.
The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion.
While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.
“It’s not going to get solved in the next few weeks -- it will probably take some several months and there is no hard deadline on this,” Executive Director Gene Seroka, whose port is the nation’s busiest, said in an interview at Bloomberg’s New...
Rent gains are finally starting to slow in many parts of the U.S., cooling a years-long boom that sapped affordability from coast to coast. Landlords have little choice but to ease off big increases: Demand from tenants is suddenly sinking.
Strong demand and concentrated portfolios among established operators, including several REITs, have produced solid returns for investors.
The increasing frequency and strength of severe weather events is forcing the commercial real estate sector to grapple with how to assess future risks.
The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.