Hustler in the CRE game; specializing in net-leased brokerage.
California, USA
Joined June 2016
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Ouch. This after doing sale-backs of a number of locations just a few years ago. So much for their corporate guaranty.
Kelly-Moore Paints, a paint supply giant founded in the Bay Area 78 years ago, said Friday it will cease operations immediately. According to its website, 61 out of its 157 stores are located in the Bay Area. trib.al/j9MVsX7
New Listing Alert! Brand New, 20-Year Arby's with annual rent escalations. Located in Lecanto, FL, this Arby's is situated along a burgeoning retail corridor and is surrounded by National tenants. It is an outparcel to Super Walmart and adjacent to the ne…lnkd.in/gnu-gMxz
Just Closed! Arby's / Lakeland, FL. Brand new construction with a 20-year lease and annual rent escalations. I have now sold more Arby's stores in FL in the last 12 months than any other broker (per CoStar). If you are interested in selling a QSR in FL at…lnkd.in/git_dE8u
My former boss refused to return his calls. Forget pitching a show, he could probably buy the network now. (Great guy, imo. Super down-to-earth).
Media Mogul Byron Allen Buys $100 Million Malibu Mansion tmz.com/2022/10/10/byron-all… via @TMZ
This transaction represented the lowest cap rate for an Arby's sold in the US in the last 2 years! (per CoStar)
Fun fact: In high school I held the distinction of being 'employee of the month' (twice in six months) at the local Arby's in my hometown.
I'…lnkd.in/gF23rgc3
Just Closed! Lowest cap rate for an Arby's sold in the US in last ~2 Years (per CoStar).
#cre #Investment #retail
This has to be a parody account, otherwise this "Sage" is predicting a recession based on Chick Fil A being empty...on a Sunday--two weeks in a row.
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Speaking with OfficeMax/Depot landlords today is probably akin to brokers conversations with Circuit City landlords in 2008.
Dave Olsen retweeted
The seller is prideful, just not prideful enough to keep the property that they are prideful of owning, and open to exchanging their pride of ownership for the right dollar.
Dave Olsen retweeted
I made an offer
sec.gov/Archives/edgar/data/…