Newsroom Archive

MAR 12, 2021

SRS Brokers $2.9M Sale of Starbucks-Occupied Property in Porterville, California

PORTERVILLE, CALIF. — SRS Real Estate Partners has arranged the sale of a freestanding, single-tenant retail building located at 421 Vandalia Ave. in Porterville. A Southern California-based owner and developer…

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MAR 12, 2021

SRS Brokers $2.9 Million Sale of a Starbucks-Occupied Property in Porterville, California

Porterville, Calif. — SRS Real Estate Partners’ National Net Lease Group has brokered the $2.9 million sale of a single-tenant property fully occupied by Starbucks Coffee located at 421 Vandalia…

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MAR 05, 2021

Business Briefs: Updates on Fourth Ward Project, Wylie Hotel, Pionaire, and more

New City Properties is preparing the former Georgia Power staging area adjacent to the Atlanta BeltLine’ s Eastside Trail for vertical construction of its 12-acre Fourth Ward Project. The mixed-use…

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MAR 01, 2021

D CEO Releases 2021 Power Brokers List

Commercial real estate is a huge economic driver in Texas, contributing $20.6 billion to the state’s economy in 2020, according to the National Association of Industrial and Office Parks. A…

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FEB 26, 2021

SRS Real Estate Partners closes $2.35 million of retail property in North Dakota

SRS Real Estate Partners’ National Net Lease Group has closed the $2.35 million sale of a 23,500-square-foot single-tenant retail property. Located at 3225 30th Avenue S. in Grand Forks, North…

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FEB 26, 2021

Grocery Outlet Takes Anchor Space at Inland Empire Shopping Center

Grocery Outlet agreed to a 10-year lease for a 16.1k sf anchor space at 12240 Hesperia Rd, within the 140k sf Hi-Desert Plaza in Victorville. The lease value was not…

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FEB 25, 2021

Net Lease Investors Aim at a New Target

Net lease investors are expanding beyond the typical retail investment. Retail has been the main target asset class for net lease investors, but following the pandemic, retail-occupied industrial and logistics…

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FEB 25, 2021

Overland Property Group, The Dinerstein Cos. Plan 525 Apartment Units at Gateway Landing in Denver

DENVER — Equity Ventures Commercial Development and Wall Development Group have announced plans for 525 affordable and market-rate apartments to the Gateway Landing, the partnership’s 34-acre mixed-use development in Denver’s…

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FEB 25, 2021

Discount grocery store chain to open location in High Desert

Grocery Outlet will be opening a High Desert store reflecting its modern prototype. The discount chain, which operates more than 350 stores in six states, has leased a 16,100 square-foot-site…

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FEB 24, 2021

Net Lease: Commercial Real Estate’s Shining Star

The net lease sector has seen a year like no other commercial real estate sector. Despite a once-in-a-millennium pandemic, the sector is riding a two-year high on fundamentals that have…

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FEB 24, 2021

Discount retailer Grocery Outlet sets sights on High Desert with Victorville location

A new Grocery Outlet is coming to the Hi-Desert Plaza on the northwest corner of Hesperia and Bear Valley roads in Victorville. Progressive Real Estate Partners on Tuesday told the…

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FEB 18, 2021

Why Now Could Be the Best Time for Digitally Native Brands to Take On Brick and Mortar

As the COVID-19 health crisis took hold in the United States, many retailers sought to rightsize their brick-and-mortar fleets and permanently shutter underperforming stores — many of them now located…

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