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Dollar General adding 900 new stores in 2018

December 7, 2017 |

Dive Brief:

  • Dollar General posted a net sales of $5.9 billion in the third quarter, an 11% increase compared to the year-ago period, according to a press release. The deep discounter’s same-store sales rose 4.3%, which the company attributed to … Read More

FRIEDMAN SELLS 62,000 SF INDUSTRIAL BUILDING IN LISLE, ILLINOIS

December 7, 2017 |

Farmington Hills, Michigan (December 7, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 62,000-square foot industrial building located at 4640-4650 Western Avenue in Lisle, Illinois. The seller … Read More

Developers Tend Toward Trendy Retailers To Bring In Customers, Other Tenants

December 6, 2017 |

With its green moss archway and hip décor, GiorgiPorgi in downtown Los Angeles has become one of the many trendy must-visit coffee shops in the area.

A year after opening next to Little Tokyo, the small coffee shop on Third Street … Read More

Economy Watch: Median Rents Up In November in Most Markets

December 6, 2017 |

The national median rent for one-bedroom apartments dropped for most of the year, but recovered beginning in September, according to a recent ABODO report.

The national median rent for a one-bedroom apartment is up to $1,040 in December, or a … Read More

Top Multifamily Amenities and Services to Consider Next

December 4, 2017 |

Panelists speaking at the 2017 Marcus & Millichap Multifamily Forum in Dallas acknowledged that multifamily’s techno buzz is alluring but advised keeping a finger on the human touch when considering what amenities to pursue in the future. The expense and … Read More

Top 10 Cities With the Largest Rent Increases

December 4, 2017 |

The Rent Is Too Damn High is an actual political party in New York City that has nominated candidates for mayor since 2005. But the Big Apple isn’t the place where rents are climbing fastest. SmartAsset set out to find … Read More

Abandoned Warehouses Are Being Transformed Into Popular Mixed-Use Developments

December 1, 2017 |

Outdated warehouses of the past are being resurrected to accommodate a new future. But that future is edging some people out of town.

Sears was once large enough to require 1M SF warehouses and distribution centers across the country, but … Read More

Three Reasons Why Land Deals In Multifamily Are Trending Upward

November 30, 2017 |

Typically, commercial real estate professionals are much more cautious and uninterested in buying land for multifamily development during this stage of the market cycle we’re currently in, since land is usually purchased after the market peaks — meaning rents on … Read More