Restaurant Brands International CEO Jose Cil foreshadowed in early August that Burger King was preparing to announce a significant turnaround strategy. He delivered on his promise, to the tune of $400 million. The so-called “Reclaim the Flame” plan, shared at… Read More
Industrial real estate has been the standout sector in real estate for close to a decade. The pandemic only further entrenched its position. While other sectors of the economy ground to a virtual halt, consumers’ accelerated shift toward e-commerce made… Read More
Starbucks founder and interim CEO Howard Schultz told employees in July the world and its customers are evolving and the coffee giant is basically playing catchup. The solution? A comprehensive “Reinvention Plan” to recreate the coffee chain’s environment and bring… Read More
Despite inflation headwinds that have presented challenges for shoppers, decreasing spending power and consumer confidence, JLL’s Q2 2022 Retail Outlook finds that retail fundamentals are solid, with net absorption remaining positive for six straight quarters, leasing hitting its highest number… Read More
As the pandemic era nears its waning chapters, franchising has held steady. In fact, you could argue market conditions threw weight behind one of the sector’s historic growth vehicles. The franchising field expanded at a 3.2 percent compound annual growth… Read More
The quick-service restaurant industry is witnessing yet another revolutionary trend as employee wages increase and consumers utilize drive-thrus and pickup options. A speedy drive-thru can be a competitive advantage, and operators are taking notice. As such, quick-service restaurants are swift… Read More
Freddy’s is only finishing up its first chapter, CEO Chris Dull says. And what a time it’s been. The fast casual, celebrating its 20th anniversary in August, has gone from zero to 450 restaurants in two decades. The brand is… Read More
Industrial outdoor storage has gone from being a niche in the industrial sector often owned by small private investors and mom-and-pop operators to a market estimated at $200 billion. During the past three years, IOS has been growing dramatically and… Read More
Despite reduced transaction volume, the U.S. medical office sector is showing resilience in the face of economic uncertainty. “Health-care (real estate) is recession-proof and Covid-proof. Doctors still need a physical location to see their patients,” Darren Lizzack, vice president with NAI James… Read More
In the second quarter of 2022, continued solid fundamentals reflect an ongoing healthy demand for commercial real estate across most sectors, even as concerns about a slowing economy dominate the outlook. Despite uncertain economic conditions, the apartment and industrial sectors… Read More