Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • May 23, 2025
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Burger King to remodel 400 U.S. restaurants in 2025


Burger King is giving its restaurants a make-over.

The fast-food giant plan to remodel about 400 of its locations this year, according to a report by USA Today.  The remodels are part of a multi-year plan to accelerate sales growth and drive franchisee profitability, which Burger King announced in 2022...

A woman is sitting at a table on a pier in front of a building.

Home Depot CFO says retailer doesn’t plan to raise prices due to tariffs


Home Depot on Tuesday stuck by its full-year sales forecast as a top executive told CNBC the retailer doesn’t plan to hike prices because of tariffs...

A woman is serving food to a customer through a drive thru window.

Net Lease Recovery Boosted by Retail and Industrial Demand


The net-lease sector continued its recovery in early 2025. According to Globe St, total investment reached $9.6B in the first quarter. These assets remain attractive due to their stability and risk-adjusted returns...

A blurry picture of a clothing store with clothes on display.

CAVA Defies Industry Trends with Soaring Sales and Traffic


At a time when many chains are feeling crunched, CAVA is a well-oiled machine.


Same-store sales grew 10.8 percent, fueled by 7.5 percent growth in traffic. Bottom income strata are outperforming, and restaurants are seeing strength across lunch and dinner...

A car is parked in front of a sign that says 223

Walmart’s Price Increases Signal Broader Retail Response to Tariffs


The story unfolding in the retail sector is increasingly defined by the impact of tariffs on prices, with Walmart’s recent announcement serving as both a bellwether and a catalyst for broader industry action...

The front of a joann handmade happiness store.

Inflation expected to surge to 7.3% in a year, fueled by tariff worry


Expectations for inflation over the coming year surged to 7.3% this month, the highest level in decades, as consumers worry that sweeping tariffs set by President Donald Trump will push up price pressures...

The front of an aldi store with a sign in front of it.

Dick’s to acquire Foot Locker in $2.4B deal


A Dick’s Sporting Goods storefront. The combined company will run more than 3,200 stores, operate in 26 countries and make a total of $21 billion in revenue...

A store filled with lots of clothes and mannequins.
The front of a foot locker store with a man on it

Grocery store openings stalled in April


With a 
raucous economyprotests against grocery chains, and fears over unpredictable tariffs, it appeared that grocers put the brakes on expansion in April...


By Marc Perlof June 13, 2025
Dave's Hot Chicken acquired for $1 billion The same private equity firm that purchased Subway last year has acquired an emerging fast-casual powerhouse...
By Marc Perlof June 6, 2025
Dollar Tree’s Q2 profit outlook gets tanked by tariff costs Dollar Tree on Wednesday said that higher tariffs on imported products would have a significant impact on its second-quarter profitability, although it expected to recover over the course of the year...
By Marc Perlof May 30, 2025
Trump's Tariffs Temporarily Cleared By Appeals Court Hours After Judges Rule Them Illegal President Donald Trump ’s ability to unilaterally impose sweeping tariffs was restored Thursday, less than 24 hours after a judge said they had no legal justification...
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