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Macy’s, Kohl’s Announce Dozens Of Store Closures

Macy’s, Kohl’s Announce Dozens Of Store Closures

Kohl’s announced plans to close 27 underperforming stores by the end of April, while Macy’s revealed it will shut down 66 locations during the first quarter as part of a strategy to focus on high-performing stores and online sales. Macy’s aims to reduce its footprint...
Open-Air Shopping Centers Driving ‘Retail Renaissance’

Open-Air Shopping Centers Driving ‘Retail Renaissance’

During the e-commerce boom of the pandemic, millions of consumers shifted to online shopping from home, leading some experts to declare the beginning of the “retail apocalypse” for traditional brick-and-mortar stores. However, while other sectors of...
Here’s To Cheer, Joy & Peace…

Here’s To Cheer, Joy & Peace…

As the year comes to a close, we want to express our heartfelt gratitude for your continued support and partnership. May your holidays be filled with joy, peace, and prosperity. We look forward to achieving even greater success together in the coming...
Fast Food, Convenience Stores Fuel Retail Investment Surge

Fast Food, Convenience Stores Fuel Retail Investment Surge

Despite a broader slowdown in commercial real estate deal flow, the retail market is showing resilience, with investors continuing to find opportunities. A recent broker report highlights strong demand driven by the performance of fast-food chains and convenience...
The Worst Might Be Behind Drug Stores

The Worst Might Be Behind Drug Stores

The retail pharmacy sector has struggled in recent years, with significant store closures and bankruptcies. From 2010 to 2021, nearly 30% of drug stores shut down, according to a study by Health Affairs. Last year, Rite Aid even filed for bankruptcy. However, experts...
Multi-Decade Low Retail Space Attracting Investors

Multi-Decade Low Retail Space Attracting Investors

Retail space availability is at a multi-decade low of just 5%, with limited new deliveries—only 5.9 million square feet in the latest quarter. Although 29.3 million square feet were leased, the demand for prime retail space remains strong, especially in high-demand...
Closed! Dollar General STNL in Thomson, GA

Closed! Dollar General STNL in Thomson, GA

CLOSED! We love to do “in-house” deals. Kevin Whitehead recently renegotiated a five-year corporately guaranteed lease extension with Dollar General on this location in Thomson, GA, and represented the seller in the transaction. The buyer is a...
Pending! Multifamily located at 1181 Garibaldi St. SW Atlanta

Pending! Multifamily located at 1181 Garibaldi St. SW Atlanta

Pending! Congrats to William Lawyer on yet another City of Atlanta infill redevelopment site under contract. This site is located at 1181 Garibaldi St. SW in the City of Atlanta minutes from downtown and midtown in the up-and-coming in-town community long known as...
Closed! Industrial at 1400 Piedmont Hwy Piedmont, SC

Closed! Industrial at 1400 Piedmont Hwy Piedmont, SC

CLOSED! Congrats to BT DeShields on a recent flex closing. 8,000 sf flex/ industrial facility on large 2.3 acre fenced lot. Located on corner parcel along busy Piedmont Hwy in Piedmont, SC minutes from Interstate 85 and downtown Greenville, SC. Short due diligence to...
Family Dollar Closing 1000 Stores

Family Dollar Closing 1000 Stores

HAIL MARY: A Roman Catholic Prayer (all due respect). The Modern Colloquialism refers to an attempt by a football team in desperation to complete a long pass in the vicinity of the endzone as time runs out. This worked well for the greatest football program of all...
Pending! Office Investment at 900 N Frasier St in Georgetown, SC

Pending! Office Investment at 900 N Frasier St in Georgetown, SC

Pending! 3800 sf office investment located at 900 N Frasier St in Georgetown, SC. This investment includes a lease-back from the existing owner with another tenant in place in the other half of the facility. The building is fully renovated and located along the busy...