Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • December 13, 2024
A banner for weekly commercial real estate news recap
An aerial view of an albertsons grocery store with a truck parked in front of it.

Albertsons sues Kroger for breach of contract, calls off merger; Kroger fires back


Albertsons Companies has moved to terminate its merger agreement with The Kroger Co. and has filed a lawsuit suing the grocery store giant for breach of contract.

A map of the united states with a lot of cities on it.

Walgreens closed 58 stores across U.S. in November


The tsunami of some 1,200 Walgreens store closures planned for the next three years has begun with 58 locations shuttering in November, according to the Supermarket News’ monthly store map. 

A miniature man standing on top of a 100 dollar bill

Federal Reserve: 15% of Maturing CRE Loans Hard to Refinance


Borrowers with loans approaching maturity in the short term should prepare to refinance in a high-rate environment.

An artist 's impression of a taco bell restaurant

53-Year-Old Chain Eegee’s Declares Bankruptcy


The chain will undergo a sales process after closing locations, experiencing sales declines, and removing leadership.

A pharmacy shelf filled with lots of different types of medications.

CVS Keeps Shuttering Walk-in Clinic Sites in Utah


CVS Health is closing its last MinuteClinic in Utah this week to adjust to shifting consumer habits and other financial challenges.

A shipley donuts sign is lit up at night

Shipley Do-Nuts to bring 22 new locations to Tennessee, Florida


Shipley Do-Nuts is planning to expand its footprint in three major southern cities.

Weekly Perl: A Commercial Real Estate News Recap

By Isaiah Angeles • April 25, 2025
Council wants Downtown entertainment zone to be ‘bigger, broader better’ City Council members unanimously directed staff to develop a more ambitious entertainment zone for the Third Street Promenade this week, rejecting a limited pilot program in favor of a permanent, seven-days-a-week allowance for open container alcohol consumption throughout the area.

Weekly Perl: A Commercial Real Estate News Recap

By Isaiah Angeles • April 18, 2025
The Unintended Consequences of Measure ULA We present evidence suggesting that Measure ULA has reduced higher-end real estate transactions in Los Angeles. Since Measure ULA was enacted, the odds of a Los Angeles property selling at a price above its tax threshold have fallen by as much as 50%. In raw terms, this sharp decline occurred across all types of properties, but our strongest evidence suggests it was particularly pronounced for non-single family transactions, which fell by 30-50%.

Weekly Perl: A Commercial Real Estate News Recap

By Marc Perlof • April 11, 2025
Sam’s Club in big store remodeling and expansion move Sam’s Club is ramping up its expansion along with its investments in existing stores. 
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