Net Lease

PALO ALTO, CA-GlobeSt.com ran into Andrew Barnes, one of the two new lead brokers in the office, at the firm’s party at ICSC’s RECon2012, who notes that the firm is looking to build that office over the next few years.

Same-store sales are improving and retailers are expanding again. Occupancies and rents are up. So are transaction volumes and sales prices. All this has pushed the sector to the forefront of investment conversations.

LINCOLNWOOD, IL-North Capital, which had purchased the note on most of the property, bought the entire hotel and land at an auction for $8.3 million. Plus more Midwest news.

LOS ANGELES-Associated Estates has purchased the 79,000-square-foot Desmond’s Tower at 5500 Wilshire Blvd. and its adjacent parking lot from an entity formed by Legacy Partners and plans to spend roughly $70 million to develop upscale apartments.

Standard & Poor’s recently raised Dollar General’s credit rating from double-B-plus to triple-B-minus, making the company officially investment grade with a stable outlook.

ICSC is hosting the first ever Net Lease Property Panel Discussion to take advantage of the confluence of attendees at the RECON conference.

ESCONDIDO, CA-The company’s rental revenue and AFFO increase during first-quarter 2012, and its net-leased property portfolio also exhibits strong performance during the quarter, a recent earnings call reveals.

Look for some intense commercial real estate demand for dollar stores in the near future.

DALLAS-The company moves dirt on the 308-unit Taylor by StreetLights, which will be completed by 2014. Also: Other commercial real estate news from the southwest.

The company sticks to its disciplined investment approach even as its platform evolves

Net leased assets are among the most highly sought-after investments in this market. But in a packed playing field, what’s the best way to score a good deal? Some of today’s most active players share the keys to their success.

The Southeast Florida net lease market is one of the most prosperous in the U.S.

CHICAGO-Birger Christensen, WinCup and Niven all took more than 400,000 square feet in Chicagoland. Plus more Midwest news.

ATLANTA—CVS is taking up two contiguous floors—Peachtree St. and on the Peachtree Mall.

CORPUS CHRISTI, TX-The leases total more than 18,000 SF at the 1M-SF retail mall. Also: Commercial real estate news and deals from around the southwest.

Tentative good news from the Bureau of Economic Analysis – personal and disposable income both rose by 0.2% in February.

CHICAGO-Core properties saw compression, but a flood of low-quality assets will likely keep cap rates at the same level for most of the year, according to the Boulder Group.

KNOXVILLE, TN-Bull Realty's Nancy Miller tells GlobeSt.com's Jennifer LeClaire this store has proven particularly popular among the residents.

BB&T Corporation (Branch Banking & Trust) is an American bank with assets of US$157 billion (March 2011), offering commercial and retail banking services.

NEW YORK CITY-RealShare Net Lease drew over 250 attendees across the commercial real estate sector to the Marriott Marquis in Times Square here. Many present were active on social networks, particularly Twitter, and they share their views throughout the day.