Retail
7-Eleven to Buy $21B Speedway Portfolio
The chain will acquire the collection of 3,900 convenience stores spanning 35 states from Marathon Petroleum Corp. in an all-cash transaction.
Dunkin’ Is Trimming Its Footprint. Should Landlords Worry?
The coffee-and-donut retailer estimates that 8 percent of its U.S. locations may close, but there may be more to the move than meets the eye.
Pandemic Hastens Preexisting Retail Reality, Marcus & Millichap Reports
Retail will have a new face once the dust settles from COVID-19, and it’s the one that would have eventually emerged, even without the coronavirus.
Southern Net-Lease Portfolio Commands $34M
Ameris Bank originated a seven-year, $20.4 million acquisition loan for the buyer, ExchangeRight.
PIDC Picks Team for Philadelphia Navy Yard Expansion
Together with Ensemble Real Estate Investments and Mosaic Development Partners, the public-private corporation expects the 109-acre project to generate up to $2.6 billion in new investments and create thousands of jobs.
Hanley Investment Closes Inland Empire Retail Sale
Ed Hanley, Bill Asher, Kevin Fryman and Jeff Lefko assisted the seller in the $5.2 million disposition.
SRS Real Estate Closes $10M Alabama Walmart Sale
Senior Vice Presidents Dan Elliot and Sean Lutz represented the seller of the nearly 42,000-square-foot property.
JLL Negotiates Sale of Orlando 7-Eleven Property
Max Krzyminski and John Krzyminski facilitated the deal on behalf of the seller, Commterra Development Group.
Hanley Investment Completes Minneapolis Retail Deal
Executive Vice Presidents Bill Asher and Jeff Lefko assisted the seller in the $3 million grocery store transaction.
Marcus & Millichap Arranges Florida Retail Sale
The Babb Group’s Shawn Rupp, Casey Babb and Luis Baez represented the buyer of the 5,636-square-foot net-leased property in Gainesville.