FEBRUARY 7, 2020 | THE PALOMAR GROUP All too often in the Investment Sales business, we hear about national brokerage groups being awarded listings for assets after a competitive BOV process where several firms compete for a listing. The market then patiently waits to see the marketing material on that asset flood the market in […]
FEBRUARY 5, 2020 | THE PALOMAR GROUP The Palomar Group is pleased to announce the sale of Timberlake Station, an 82,404 SF multi-tenant retail shopping center in Lynchburg, VA. Tenants at Timberlake Station included Harbor Freight, Workout Anytime, Family Dollar, and more. The center was 84% occupied at the time of sale. The buyer was […]
JANUARY 7, 2020 | THE PALOMAR GROUP Click to view the Augusta Multifamily Market Update 2019 Subscribe to stay up to date with the latest Palomar multifamily market news.
NOVEMBER 29, 2019 | THE PALOMAR GROUP The term ‘Black Friday’ may bring to your mind images of long lines, shiny discount stickers, and aggressive shoppers. For brick and mortar retailers and shopping center owners, the term serves as an annual reminder from news outlets that internet shopping is quickly upending their businesses. While the […]
NOVEMBER 18, 2019 | THE PALOMAR GROUP Ten to twenty years ago, landlords did not want gyms in their shopping centers because they took up too many parking spaces. However, shopping center owners have changed their views on fitness centers as the retail landscape has shifted and Americans have become more health conscious. Now, grocery […]
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 […]