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🆕The retail sector in commercial real estate is facing mounting challenges, as several prominent retailers have recently filed for bankruptcy and announced large-scale store closures. How does this wave of store closures and bankruptcies within this segment of the retail sector impact the commercial real estate industry? Find out in our latest blog: https://hubs.li/Q02P_Jxm0 #Trepp #CommercialRealEstate #CRE #CRENews #CREMarket #Retail #Distress

I am happy that many 99 cents only stores in So Cal will be saved/rebranded. However, this does raise an interesting land use question I am fascinated by: business concept vs developed land. Most dollar trees in SoCal I see are 5-10k s.f. 99 cents only's are typically 15-20k s.f. approximately. So with Dollar tree acquiring all of these spaces that are rather large, what are they planning to do? Sublease space? Introduce a modified concept to fill the space? Might they make the same mistakes 99 cents only did?

AildI is to open new 800 stores in the US by the end of 2028 through a combination of new openings and store conversions. "Our growth is fuelled by our customers, and they are asking for more Aldi stores in their neighbourhoods nationwide," said Jason Hart, chief executive. Aldi’s expansion will cost more than $9 billion and see it build its presence in the Northeast and Midwest, adding nearly 330 stores across both regions by the end of 2028. More stores in Southern California and Phoenix while it will set up its first store in Las Vegas. In the Southeast, Aldi said Winn-Dixie and Harveys Supermarkets, which were acquired when it bought Southeastern Grocers, will see a significant number convert to its format over the next few years. "With the acquisition of Winn-Dixie and Harveys Supermarkets, Aldi will serve even more communities in the Southeast, bringing us closer to our customers in a region where we've... More at #Proactive #ProactiveInvestors http://ow.ly/lUIm105l3bJ

What's Next for The Store C-store Chain? The closure of The Store convenience stores and gas stations has been set in motion due to the bankruptcy of Mountain Express, the owner of the land and buildings. The parent company, Team Schierl Cos., announced that operations will cease by July 31, as reported by WSAW-TV. Despite this setback, efforts are underway to ensure a smooth transition for all associates, with plans to retain them in their current roles under a new operator. Back in 2022, The Store entered an agreement with Mountain Express, which saw the latter taking ownership of the properties while the former continued to manage day-to-day operations. However, Mountain Express's bankruptcy filing, initially under Chapter 11 and later converted to Chapter 7, has led to the eventual cessation of operations in August 2023. The Store, with its 25 locations spanning Wisconsin and Michigan, remains a significant presence in its region. Team Schierl Cos., besides its convenience store ventures, also delves into commercial leasing and development, showcasing a diversified portfolio despite this unforeseen challenge. Contact us for more C-store news. Jake Stammen 📞 (972) 755-5209 ✉️ [email protected] Salim Bhaidani 📞 (817) 932-6136 ✉️[email protected] Vincent Knipp 📞 (972) 755-5205 ✉️ [email protected] 👉 Click link for details: https://lnkd.in/g--Vb_XJ #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #thestore #Cstore

"Tucson Retail Center Sells for $17.5M" Read the full article below..

This expansion is big for Wawa as they continue to build in their home market as they also continue to expand into new states. Unfortunately while they do this as well as other chains that are going into new markets it is killing the small guys. Not only the franchise owners of 7-Eleven stores that have to compete but even the small business Independent stores. These guys work in their stores open to close to provide for their families. It’s definitely becoming harder and you can see that by the drastic decrease in independent retail accounts since 2020. There’s been 20k+ accounts that have closed in the independent convenience retail channel and still going. While so many say support small business they seldom thing of the c&g channel. A couple of the main drivers of this in my opinion, Covid has driven the need for cleanliness and people feel the chains have a cleaner store. While a good reason but how clean are these chains? Have you checked their health department scores?? I know theirs time I go into a restroom at a chain and they are absolutely horrendous. Now my other opinion, a lot of these independents that don’t have thin “G” in C&G have to face the facts that “one stop shop” is a necessity. People’s time is more valuable than ever. If you don’t mind share my thoughts and help grow my audience.

Big news in the retail world! Although sad to see retail businesses go, Dollar Tree Stores and Ollie's Bargain Outlet, Inc. are set to acquire 99 Cents Only Stores expanding their footprint in the discount retail market. This strategic move promises to enhance their offerings and provide even greater value to customers. Exciting times ahead for these brands as they continue to grow and innovate! #RetailNews #BusinessGrowth #DiscountRetail

This brand has a long way to go before it can appeal to a new generation of shoppers. What will be most interesting will be to see what type of enterprise data value Simon and Brookfield can unearth here as they gain access to more and more customer/visitor insights? Can they start to transform their businesses and build better strategies to attract new customers, create more productive tenant relationships and new relevance for their properties..

NEW LISTING: Rare opportunity to acquire the fee simple interest (land & building) in a 29,358 SF retail center in the heart of one of Tipton’s County’s premier retail developments, Covington Commons, in Covington, TN. Located between two dominant retailers Walmart Supercenter and Home Depot. This is the only Home Depot & Walmart Supercenter combination within a 30-mile radius & conveniently accessible to over 70,000 plus people, which derives high volume consumer cross-over with increased traffic & exposure. NNN leases with rental increases create long-term upside as they allow the investor to pass-thru the expenses to the tenants. T Priced at only $214 PSF, the subject property is below replacement cost. Clik the link to learn more about the listing: https://lnkd.in/gGxkSg8b #CommercialRealEstate #InvestmentOpportunity #RetailCenter #CovingtonTN #NNNLeases #InvestWisely

Our most recent #JustListed is a single-tenant Jewel-Osco Grocery Store. This property features a rare 20-year lease extension with a necessity-based retailer. Reasons I love (not like) this deal are below ⬇️.  Deal Points: • Wholly-Owned Subsidiary of Albertsons • Successful 60-Year Operating History at this Location • High-Performing Store with Sales Trending Upward • 10% Rental Increases Every Five Years • Tenant will be Remodeling the Store • High Population Density and Affluent Demos (Average HHI of $142k) Exclusively Listed by The Sharko|Weisenbeck|Mendoza Group. Lead Agents: Adrian Mendoza, Sean Sharko, & Austin Weisenbeck. Sign CA to View OM: https://lnkd.in/g7q9kSMd For more information: 📞: 630-570-2163 | 📧: [email protected] #CRE #CommercialRealEstate #NNN #Investment #ChicagolandRealEstate #Listed #ForSale