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Dollar stores news
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Family Dollar Closes $75M Sale-Leaseback for 47 Retail LocationsJLL and GA Group Real Estate announced today that it closed a $74.7 million sale-leaseback for a 47-property Family Dollar retail portfolio totaling 387,945 square feet across 19 states.
Representative imageWells Fargo Supplies $456M Refi for Family Dollar’s Distribution Center PortfolioThe owners of Family Dollar have secured $455.7 million to refinance existing loans on its 7.1 million-square-foot portfolio of leased distribution centers, Commercial Observer has learned.
JLL, GA Group Broker $75M Sale-Leaseback of Family Dollar-Occupied Retail Portfolio Across 19 StatesCHICAGO — Chicago-based JLL Capital Markets and GA Group Real Estate have brokered the $75 million sale-leaseback of a 46-property Family Dollar retail portfolio across 19 states. JLL’s net lease team and GA Group represented the seller, FD Retail Properties LLC.
Keys to Success for Retail’s Multi-Category GiantsA small group of dominant players increasingly dominates physical retail, says Placer.ai in a new white paper. Walmart, Target, Costco Wholesale and Dollar General span grocery, essentials and discretionary categories at a scale none of their rivals can match.
Representative imageMarcus & Millichap Brokers Sale of 10,640 SF Retail Building in Kyle, TexasKYLE, TEXAS — Marcus & Millichap has brokered the sale of a 10,640-square-foot retail building in Kyle, a southern suburb of Austin, that is net leased to Dollar General. The building sits on a one-acre site adjacent to Lehman High School.
Dollar Tree Opens 1.2M-SF W. Phoenix Distribution CenterDollar Tree’s 1.2-million-square-foot facility will soon start shipping merchandise to about 700 Dollar Tree stores in Arizona, Colorado, Nevada, New Mexico and Utah.