Palomar Press Briefing | December 28, 2022

     INDUSTRY NEWS December 28, 2022 SUPER SATURDAY’S RETAIL WINNERS INCLUDE ULTA BEAUTY, DOLLAR STORES, AND OFF-PRICERS Super Saturday was a boon for a small subset of retailers. That’s according to foot traffic analytics firm, which found that most retail segments and individual retailers saw visits drop year-over-year and compared to Super Saturday […]

Palomar Press Briefing | July 6, 2022

     INDUSTRY NEWS July 6, 2022 Another typical day in the office for our intern, PGA Tour Golfer, Greyson Sigg…   follow us on social media @thepalomargroup GROCERY INFLATION HAVING BIG IMPACT ON HOUSEHOLD BUDGETS Consumers are limiting other spending to account for rising grocery prices. Seventy-two percent of Americans said that increased grocery […]

Palomar Press Briefing | June 29, 2022

     INDUSTRY NEWS June 29, 2022 KROGER CEO SAYS CUSTOMERS ARE ‘RETHINKING THEIR SHOPPING’ HABITS Kroger is finding that grocery shoppers are  trading down and shifting to store brands as U.S. inflation hits a four-decade high, and seeing a particular shift from lower-income households.   STOCKS ROAR BACK WITH BEST WEEK IN A MONTH: […]

Palomar Press Briefing | June 22, 2022

<!doctype html> *|MC_PREVIEW_TEXT|*    INDUSTRY NEWS June 22, 2022   Who’s gonna tell him that’s not how a PGA Tour Card works?   Follow us on social media! @thepalomargroup US HOUSE PRICES ARE LIKELY TO DROP AS RATES RISE, CAPITAL ECONOMICS SAYS US house prices are likely to fall as mortgage rates exceeding 6% crimp […]

Palomar Press Briefing | June 15, 2022

<!doctype html> *|MC_PREVIEW_TEXT|*    INDUSTRY NEWS June 15, 2022 We gave PGA Pro Golfer, Greyson Sigg, an Investment Sales Pop Quiz…   COMMERCIAL PROPERTY SALES SLOW AS RISING INTEREST RATES SINK DEALSCommercial real estate is showing the first signs of cooling in more than a year, disrupted by rising interest rates that are already causing […]

Palomar Press Briefing | June 8, 2022

     INDUSTRY NEWS June 8, 2022 THE PALOMAR GROUP INVITES YOU TO BUSINESS AND BREWS ATL – TOMORROW – RSVP Kickstart the summer with us at SweetWater Brewing Company on Thursday, June 9th from 4:00-7:00 PM. We look forward to seeing you! Please let us know if you plan to attend. HOME PRICES SURGED […]

Palomar Press Briefing | June 1, 2022

     INDUSTRY NEWS June 1, 2022 MORE INVESTMENT FIRMS SPENDING BILLIONS TO SNAP UP SUN BELT SINGLE-FAMILY RENTALS Two more private equity giants are capitalizing on the demand for homes in the U.S., buying up thousands of build-to-rent single-family homes in the Sun Belt. Partners Group Holding AG spent $1B to acquire more than […]

Palomar Press Briefing | May 23, 2022

     INDUSTRY NEWS May 23, 2022   US GROWTH SEEN OUTPACING CHINA’S FOR THE FIRST TIME SINCE 1976 China’s coronavirus lockdowns mean its economic growth may undershoot the US for the first time since 1976, in a role reversal with potential political reverberations in both Beijing and Washington. RETAIL SALES GROWTH IMPRESSES IN APRIL […]

Palomar Group Arranges $36.5M Sale of Greenbrier Square in Chesapeake, VA

August 31, 2021 | THE PALOMAR GROUP The Palomar Group is pleased to announce the recent $36,500,000 sale of Greenbrier Square located in Chesapeake, VA.  Greenbrier Square is a high-trafficked retail center, completed in July 2017, located in the densely populated Chesapeake area. Kroger Marketplace, the anchor tenant ranks as the number one Kroger in the state of […]

Just Sold | Freys Hill | Louisville, KY

JULY 1, 2021 | THE PALOMAR GROUP The Palomar Group arranged the sale of Freys Hill, a 182,979 square-foot shopping center located in Louisville, KY. National tenants include PetSmart, Party City, and Starbucks. The Palomar Group in conjunction with TRIO Commercial Property Group represented the seller in this transaction.