CBRE Arranges $16M Sale of Newly Developed Ohio Truck Stop, Retail Property
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- Disclosed retail deal value tracked in October 2026: $14.8B across 94 reported transactions. All Retail coverage →
- 101 stories mentioning CBRE on the wire in the past 90 days. CBRE coverage →
Computed from Real Estate Trail’s own tracked coverage
CBRE arranged the $15.6 million sale of a newly developed 7-Eleven (Speedway) truck stop and convenience retail property at 10030 Innovation Campus Way in New Albany, Ohio. CBRE’s Melissa Marshall, Ian Schroeder…
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