Dollar General
Discount Retailers Drive Tenant Expansion
Familiar brands have bold plans for new store openings, according to Northmarq’s new report.
99 Cents’ Portfolio Liquidation Garners $168M
The retail locations and development parcels are situated in densely populated urban areas.
ExchangeRight Wraps $98M Net Lease Offering
Spread across 11 states, the assets host historically recession-resilient tenants.
Top Retail Tenants’ Expansion Plans
These companies’ growth plans vary as widely as do the goods and services they sell, according to Northmarq’s latest report.
Hyde Development JV Plans $172M Dollar General Facility
The distribution center will be part of the HighPoint Elevated industrial and logistics park in Aurora, Colo.
Clayco to Build $85M Dollar General Facility in Nebraska
The 800,000-square-foot development north of Omaha will be the company’s sixth project with the discount retailer.
JV Buys Suburban Richmond Shopping Center for $11M
The 83,000-square-foot retail property traded for roughly $14 million less than at its previous sale in 2016.
Prudent Growth Partners Bolsters Retail Portfolio
The company paid $4.5 million for two Dollar General and three Family Dollar stores in North Carolina.
Southern Net-Lease Portfolio Commands $34M
Ameris Bank originated a seven-year, $20.4 million acquisition loan for the buyer, ExchangeRight.
Net Leased Pharmacies, Dollar Stores Perform Well Despite Pandemic
Avison Young’s first-quarter report on the net lease retail sector shows how COVID-19 has hit different businesses, including casual dining, QSR, dollar stores and pharmacies.