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GROCERY CENTER BUYS PAN OUT
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Grocery center buyers count on the past as prologue in gunning for additional acquisitions. Shoppers consistently increased spending 15% from 2006 to 2008 and with talk of recovery getting louder, buyers see an even brighter light at the end of the recessionary tunnel. New market entries into secondary and tertiary markets with cap rates a couple percentage points higher than primary markets will propel buyers forward. Company Removed recently bought two freestanding grocery stores and eyes expansion with an estimated $150M for acquisitions this year. Company Removed makes a new market entry into Utah and is hungry for deals coast to coast. Canadian buyer Company Removed has at least $10M for additional purchases after a west Houston buy. Access to this newsletter is not available online and restricted to our subscribers.
cap rates, freestanding grocery stores, grocery center acquisitions, Grocery center buyers, new market entry, primary markets, secondary and tertiary markets |
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Call 1-800-421-3483 |
 .png) Real Estate Buyers reports on the big buyers and brings you inside information on cap rates, target prices, IRRs and markets, what they will buy, motivations behind the deal and investments budgets.
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