AMC Entertainment Holdings, Inc. announced that it has exercised its option to repurchase $35 million of its 15% cash / 17% PIK First Lien Secured Notes due 2026. The total … Continued
Worldwide system sales excluding foreign currency translation grew 26%, with KFC at 35%, Taco Bell at 24% and Pizza Hut at 10%. We reported 2% unit growth year-over-year and record second-quarter net new unit growth of 603. Foreign currency translation favorably impacted divisional operating profit by $27 million.
Corporate guaranteed NNN properties are selling at an all-time high. I expect cap rates to remain compressed until interest rates rise or a change is passed on the 1031 exchange … Continued
As cap rates continue to compress, many NNN transactions are taking place off-market, making it more difficult to find comps. There are a few sub-5 cap Taco Bell deals I … Continued
Michael’s, the arts and crafts retailer is making a strong comeback since COVID. Although they’re facing fierce competition from Amazon and other e-commerce retailers, I think you have to consider … Continued
Mixed-Use Strategy Allows Owners To Increase Rents Across Property Types By Robin TranthamCoStar Advisory Services April 28, 2021 | 10:46 AM In recent years, a number of major U.S. mall owners … Continued
KEY POINTS Dollar General said it will build bigger stores and expand Popshelf, a new chain aimed at higher-income, suburban customers. It plans to open 1,050 stores, remodel 1,750 sites … Continued
Burger King and QSR Average Consumer Spending Per Person This chart shows the average Burger King check at $4.99. To me, this seems a bit low and possibly outdated based … Continued
Maps showing consumer buying power in South Florida.
Coffee Chain Was Most Prolific Signer of Retail Leases in 2020, But Committed to Smaller Spaces Executives at Seattle-based Starbucks Corp. are once again thinking big with plans for another … Continued
Shake Shack plans to add drive-thrus to its new restaurants, like one planned for Orlando, Florida. (Shake Shack)
From the CRE Momentum Index created by the Federal Reserve Bank of Atlanta. Florida CRE Momentum Index Q4 2021 How does the CRE Momentum Index Work? The Index provides a … Continued
The Harbor Point district has become one of the top landing spots for Baltimore’s office tenants.
CRE Stocks Skyrocket As Market Reaches The Dow Jones Industrial Average rose to a record high on Tuesday, shooting over 30,000 and ending the day at 30,046, or up 1.54% compared with … Continued
FSR Magazine The average unit volume of the full-service chains in this year’s Top 10 list ranged from $8 million to nearly $15 million—impressive by any standard, but particularly noteworthy … Continued