OCTOBER 30, 2019 | THE PALOMAR GROUP Restaurants continue to increase their share of retail space as consumers continue to spend more and more on eating out. Today, American consumers spend more than $8 billion more on eating out at restaurants than they do on food at the home. Sit-down restaurants have accounted for more […]
October 8, 2019 | THE PALOMAR GROUP Having closed deals from the shorelines of Myrtle Beach, to the upstate of Greenville and the sandy beaches of Charleston, The Palomar Group continues to expand its grocery anchored sales inventory throughout the state of South Carolina. The Palomar Group has closed transactions with centers anchored by all […]
OCTOBER 7, 2019 | THE PALOMAR GROUP In a football game, at the end of the 3rd quarter, it is customary for the players to hold up four fingers. The four fingers signify the value of the remaining precious time in the competition, the 4th quarter. The difference between success and failure comes down to […]
OCTOBER 2, 2019 | THE PALOMAR GROUP The Palomar Group continues to grow their single tenant net lease platform having recently taken a SunTrust bank branch to market in the Atlanta MSA (Alpharetta, GA). The deal is being offered at a cap rate of 5.5% inking out to a price point of $3,190,000. SunTrust’s current […]
OCTOBER 1, 2019 | THE PALOMAR GROUP The Palomar Group is pleased to announce the sale of Fayette Square in Oak Hill, WV, anchored by Kroger and Big Lots. Fayette Square was 92% occupied at the time of sale, with over 90% of space leased to national tenants. Kroger’s sales have grown by more than $5.6M in […]
OCTOBER 01, 2019 | THE PALOMAR GROUP Whether you are looking to capitalize on the aggressive cap rates in the market today or give your company a much needed cash infusion for operations, sale-leasebacks remain a viable option. Cash will always be king and sale-leasebacks are a cost-efficient, effective way to unlock equity and raise […]
JULY 18, 2019 | THE PALOMAR GROUP Interest rates are 120 bps lower than they were in November 2018. At the beginning of 2019, the Federal Reserve Chairman, Jerome Powell, predicted that the Fed would raise rates three times this year. Even though labor markets are strong and economic activity is rising at a moderate […]