Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • October 25, 2024
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The logo for tsc tractor supply co. is shown on a white background.

Tractor Supply Company Reports Third Quarter 2024 Financial Results; Updates Fiscal 2024 Financial Outlook


BRENTWOOD, Tenn., October 24, 2024--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States (the "Company"), today reported financial results for its third quarter ended September 28, 2024.

A double cheeseburger with lettuce tomato and pickles

Fat Brands Announces New Eatery Locations


For one, the Beverly Hills restaurant chain owner and franchiser announced on Oct. 9 that it signed a deal with franchise owner Valor Acquisitions Group LLC to bring five Fazoli’s locations to Utah over the next five years.

A group of tents are sitting on the side of the road next to a car.

New Community Website Outlines Santa Monica’s Homelessness Strategic Plan

The City of Santa Monica has introduced a dedicated webpage to provide updates and information on its Homelessness Strategic Plan (HSP), a comprehensive initiative aimed at improving the city’s response to homelessness, as detailed in a recent City blog post.

A woman is holding a bottle of pills and a cell phone.

Amazon to open 20 new pharmacies in 2025


The smaller pharmacies will allow same-day delivery of drugs to 45% of U.S. shoppers

A store that is going out of business

Walgreens, CVS, Big Lots Lead Over 2K Retail Store Closures


Over 2K retail stores are closing this year, as major brands like Walgreens, CVS, and 7-Eleven struggle with reduced consumer spending.

A bed bath and beyond store is lit up at night

Bed Bath & Beyond to make physical store return via deal with Kirkland’s

Home décor retailer Kirkland’s has entered into a deal that will result in the return of Bed Bath & Beyond brick-and-mortar stores to the U.S. retail landscape. 

The inside of an amazon grocery store with green and white balloons.

Amazon launches Amazon Grocery, its newest grocery concept

A 3,800-square-foot ground retail space in a high-rise building in Chicago’s upscale Near North Side neighborhood is the site of Amazon’s next experiment in the supermarket business. 

A large building with a clock tower and a fire pit in front of it.

Ulta Beauty banks on new stores and markets to fuel its growth


Retailer plans 200 more brick-and-mortar locations, with goal of 1,800 total

A large red true value sign in a building

True Value declares Chapter 11, will sell itself to Do it Best



True Value Company has filed for Chapter 11 bankruptcy protection with plans to sell itself to a rival.

A ross store with cars parked in front of it

Ross Stores rides off-price retail’s boom by opening 47 stores in past two months


Company hits 2024 expansion target of 89 new locations.

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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