Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • January 31, 2025
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A row of empty shelves in a store.

Where the fight against retail crime goes in 2025


As the industry still struggles to measure and mitigate shrink, there’s now less data than ever.

A group of people are sitting at tables in a restaurant.

Tijuana Flats Starts Comeback Rooted in Authenticity


Post-bankruptcy, the company is focused on better branding, new menu items, renovated restaurants, and improved profitability.

A car is parked in front of the container store

Container Store exits bankruptcy


The Container Store Group is now a private company.

A pepperoni pizza is sitting on a table next to a plate of pastries.

Refranchising Enters the Growth Puzzle for Papa Johns


It could take a bit, but bringing more growth-minded operators into the system should help the pizza giant expand.

A woman is walking through an amazon go grocery store.

Amazon closing Amazon Go store


Amazon continues scaling back its Amazon Go checkout-free convenience concept.

A table topped with fried chicken , macaroni and cheese , and biscuits.

Krispy Krunchy Chicken to open over 600 locations in 2025


A fast-growing store-in-store quick service restaurant concept isn’t resting on its laurels after a busy 2024.

A party city store with a sign that says nothing weld back

This year’s US store closings expected to surpass pandemic peak


Shutdowns could reach 15,000, more than double last year, according to Coresight.

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.
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%.
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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