National
Jay Kislak, Versatile Executive, Dies at 96
The World War II naval aviator and longtime head of The Kislak Co. is remembered as a business innovator, civic leader and philanthropist.
New Tax Code’s Impact on Net-Leased Retail Investment Strategies
A new Marcus & Millichap report looks at how retail owners continue to adapt to the restrictions on business interest deductions and other changes in the tax law.
Oversupplied Self-Storage Markets Face Further Rent Decline
Street-rate rents have dropped 4.1 percent across the U.S. Metros on the west, however, continued to elevate as supply lags demand.
Mapletree Acquires $1.1B Portfolio from Prologis, Norges
The deal increases the Singapore-based company’s holdings in the U.S. and Europe with the addition of 16.5 million square feet of logistics space.
E-Commerce Fuels Repricing of Retail, Industrial Assets
Scott Crowe and Uma Pattarkine of CenterSquare Investment Management analyze online shopping’s divergent effects on retail and logistics companies, as well as the properties they occupy.
Self-Storage REITs to Merge in $340M Deal
Strategic Storage Trust II will pay holders of Strategic Storage Growth Trust stock a total of $12 per share in cash.
Cap Rates Rise for Net Lease Retail, Office; Down for Industrial
The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.
Why Sellers Should Run Due Diligence, Too
While still relatively rare, the practice can reduce the property’s time on the market, lower the risk of re-trades and improve the return.
Turbulence Creates Opportunities for Astute Investors, Developers
Case Real Estate Capital Founder & Managing Principal Sanford Herrick details how these market participants are overcoming capital constraints to achieve outsize returns.
Net-Leased Rite Aid Stores Offer Value—And Risk
Amid ongoing interest-rate hikes by the Federal Reserve, many investors are eager for these single-tenant assets’ above-average returns. Transwestern Associate Gavin Behr thinks properties occupied by the drugstore chain may fit the bill.