Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • August 23, 2024
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A red and white sign that says circle k on it

Couche-Tard strikes deal with Giant Eagle; makes takeover offer to 7-Eleven parent


Alimentation Couche-Tard Inc. is expanding its footprint of convenience stores in the United States through an acquisition while eyeing an even bigger deal that would create a global c-store powerhouse.


A chick-fil-a restaurant with a parking lot in front of it.

Chick-fil-A Redefines Fast-Food Convenience with Bold Two-Story Drive-Thru Concept


Chick-fil-A is taking its drive-thru to new heights with its latest digital-focused concept. The company is set to open its first two-story, four-lane “elevated drive-thru” on Thursday in McDonough, Georgia, near its home base in Atlanta. 


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The front of a kroger grocery store with a blue sky in the background.

Kroger files to block FTC challenge to proposed $25 billion Albertsons merger


Legal activity surrounding the proposed $25 billion merger of The Kroger Co. and Albertsons Cos. continues to grow.

The logo for badass coffee of hawaii has a donkey on it.

Bad Ass Coffee plans new Colorado stores


Bad Ass Coffee of Hawaii is planning to double its footprint in Colorado through a franchise agreement.


A burrito is sitting on a wooden table next to tortilla chips and guacamole.

Burger King Franchisee Sun Holdings Buys Freebirds World Burrito


Multi-brand franchisee Sun Holdings announced Monday that it acquired Freebirds World Burrito, adding to its portfolio of over 1,500 locations.



A store filled with lots of tools and lawn mowers.

First Look: Ace unveils new store format; to invest $1B in remodels, new stores


After recently reaching 5,000 U.S. stores, Ace Hardware has unveiled an experiential store concept to enhance the customer shopping experience while also driving store growth.



A map of the united states with a lot of dots on it

Dollar General dominates new store openings in new SN Monthly Store Map


Discount grocers Dollar General and Dollar Tree had the biggest presence in the first edition of Supermarket News’ monthly store map with 87 combined store openings and seven closings. 


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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