THE DOLLAR STORE BACKLASH HAS BEGUN

THE DOLLAR STORE BACKLASH HAS BEGUN

Tanvi Misra December 20, 2018 This post originally appeared on CityLab

The U.S. has added 10,000 of these budget retail outlets since 2001. But some towns and cities are trying to push back.

It has become an increasingly common story: A dollar store opens up in an economically depressed area with scarce healthy and affordable food options, sometimes with the help of local tax incentives. It advertises hard-to-beat low prices but it offers little in terms of fresh produce and nutritious items—further trapping residents in a cycle of poverty and ill-health.

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THE NNN MARKET

THE NNN MARKET

By: Tom Georges, Associate Director/Investment Sales, The Stan Johnson Company

Tom Georges was interviewed by Jaime Lacky of Northeast Real Estate Business regarding the state of the net lease market.

Single-tenant investment sales volumes have risen steadily since the end of the Great Recession, with 2015 posting a total of $19.3 billion in the retail sector in the U.S., $21.7 billion in office properties and $22 billion in industrial properties, according to a report by Stan Johnson Company. Northeast Real Estate Business recently spoke with Tom Georges, associate director of Investment Sales with Stan Johnson Company’s New York City office, for insight into the net lease market.

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