SRS Closes 1031 Deal for New-Construction Chick-fil-A
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
SRS Real Estate Partners completed the $4.72-million ground lease sale of a Chick-fil-A property located at 560 W. Shaw Ave. in Clovis. Situated on 2.19 acres, the 4,847-square-foot property was developed in 2026 and…
External link. Real Estate Trail does not republish source content.
More from the wire
Retail shows strength in Chicago suburbs as DLC sells Mount Prospect shopping center for $95M
Switch proposes 175-acre data center campus in North Las Vegas
Blackstone Buys Nvidia-Leased 134,200 SQFT Sunnyvale R&D Building for $99.6MM
10-Megawatt Power Capacity Fuels Premium Pricing on Nvidia-Leased Sunnyvale Research Building A Sunnyvale research building that traded for just $31 million three years ago while sitting empty has now sold for more th…
MGM Resorts International's Board of Directors Confirms Commitment to Execution of MGM Resorts' Strategy as a Standalone Company
Company Confirms People Incorporated Has Withdrawn its Proposal to Acquire MGM Resorts LAS VEGAS, Sept. 23, 2026 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") confirms that Peo…
PEOPLE INCORPORATED WITHDRAWS PROPOSAL TO PURCHASE ALL PUBLIC SHARES OF MGM RESORTS INTERNATIONAL
NEW YORK, Sept. 23, 2026 /PRNewswire/ -- Today People Incorporated (NASDAQ: PPLI) announced it has withdrawn its proposal to purchase all public shares of MGM Resorts International. People Incorporated Chairman and Se…
Octane Rent Details SUV Fleet Expansion in Abu Dhabi to Support Regional Tourism and Business Operations
ABU DHABI, UAE, Sept. 23, 2026 /PRNewswire/ -- Octane Rent, an international car rental company with established operations in Dubai and Miami, Florida, today announced the strategic expansion of its SUV fleet serving…