Morgan Williams’ Post

The Geelong commercial market has continued to thrive in 2024, with two strong results from Fitzroys' Chris Kombi and Lewis Waddell totalling $3.581m rounding out the year. - 41 Gheringhap St & 9 Downes Lane, leased to Augustus Gelatery and Felix Restaurant, sold for $2.251m after a competitive EOI campaign. - 2 Wright Place, leased to healthcare provider Berth, sold under the hammer for $1.330m after rapid-fire bidding from multiple groups. #Victoria #Geelong #retail #retailproperty #cre #commercialrealestate #commercialproperty #realestate #property

The Sharko|Weisenbeck|Mendoza Group is pleased to share the closing of a recently renovated, 24-hour, NNN restaurant in the Chicago MSA. Lead agents Ben Shapiro, Sean Sharko, and Austin Weisenbeck, of Marcus & Millichap Midwest, procured multiple offers and closed in a great collaboration with Sam Malato and Dominic Sulo of The Sulo Group who represented the purchaser. Additional Deal Points: •Strong Rent-to-Sales Ratio of Approximately 5% •Seasoned Operator with Significant Growth | Expanding Tenant with Locations Across the Chicagoland Area •Fresh Five-Year Term | Tenant Agreed to New Five-Year Lease Term with a Rental Increase Showing Strong Commitment to the Site View Current Listings: https://lnkd.in/gWhJDEG2 #justclosed #sold #closed #justsold #cre #commercialrealestate #qsr

#JustListed Net Leased Liquor Store, Outlot to a Mall. Deal Points: • Ground Lease on a Regional Liquor Store | Attractive Lease Terms • Long Operating History | Over 10 Years in Operation at this Location | Established Tenant with Seven Additional Locations in Illinois and Missouri • 1.65 Acres on the Corner Intersection of the Mall Entrance | Tenant is Currently Out of Options • Outlot to Hickory Point Mall - Prominent Retail Destination in the Area • Strong Surrounding Drivers Including Major Retailers, Many Hotels, and a Golf Course • High Visibility and Accessibility from US-51 and Near Interstate 72 • Average Household Income of $135,459 Within One Mile Listed by the Sharko|Weisenbeck|Mendoza Group. Lead Agents: Sean Sharko & Austin Weisenbeck View more listings: https://lnkd.in/gWhJDEG2 #cre #commercialrealestate #forsale #freestanding #groundlease #investmentopportunity

We are thrilled to share that Mason Owen is appointed by current custodians General Projects to assist with Royal Albert Dock Liverpool lease renewals and rent reviews on the retail and food and beverage units nestled within this iconic site. We very much look forward to working with General Projects and supporting them with their asset management goals of preserving, enhancing and injecting new creativity into what is one of the city’s most iconic destinations. For more information on how Mason Owen can support you, contact Wayne Blount-Powell FRICS ACIArb, or Callum McDougall MRICS #commercialpropertyconsultants #assetmanagement #leaserenewals #rentreviews #propertyinvestments

This review by Mike Migone highlights an outstanding owner-user investment opportunity on St. Armands Circle. #investmentopportunity #realestate #commercialproperty #retailspace #sarasotarealestate #businessforsale #realestateinvestment #sarasotaflorida

Strong sales results continue to roll in through Spring across Melbourne’s shopping strip investment market. In the latest deal, Fitzroys’ Chris Kombi, Tom Fisher and Ben Liu sold 452 & 452a Centre Road, Bentleigh prior to auction for S2.1 million to a local investor, on a sharp yield of 3.6%. The agents were able to generate strong interest throughout the campaign that culminated in knockout bid accepted by the vendor one week before the scheduled auction day. https://lnkd.in/gnAb6rV9 #Fitzroys #RetailProperty #ShoppingStrip #PropertyNews

Unlocking Business Secrets: Restaurants, Real Estate & Retail! Londa and David discuss their business focus on restaurants, real estate, and retail sales, followed by a conversation about strange social media posts in real estate.

The retail real estate market is facing a different challenge than the office real estate market... not enough empty space to go around, in spite of several high-profile retail and restaurant chain bankruptcies with ensuing store closures. A big slowdown in retail construction, the demolition of a lot of obsolete retail properties and continued strong retail numbers in general are pushing the trend. Kate King at the #WSJ takes a look. https://lnkd.in/etv_rSy9 #retailrealestate #realestatetrends #shoptilyoudrop

New info is emerging on the Red Lobster Chapter 11 case. As of now there are 200 leases on the cancellation list. As of their petition date, they operated 551 U.S. and 27 Canadian restaurants. Below are the top ten states where leases will be cancelled. Although FL represents less than 9% of the portfolio overall, it's responsible for almost 22% of the store closures. In a state that seems to have outsized population migration and demand I thought this was an interesting twist. I have long thought Red Lobster was a risky investment from a landlord's perspective (inflated rents, PE ownership, outdated brand etc.) but if it was to succeed anywhere I would have bet on Florida. Where do you think Red Lobster went wrong and why do you think the FL locations are being culled first? Comment below! #iaconocre #karlyiacono #retail #retailrealestate #commercialrealestate #bankruptcy #restaurant #redlobster #topretailexperts 

This exceptional 1.92-acre commercial lot assemblage, comprised of parcels 059C106, 059C105, 059C104 and 059C103 boasts an unbeatable location near an array of popular establishments. Nestled in close proximity to Pizza Hut, Suds Laundromat, and Mainstreet Urgent Care, it enjoys high visibility and foot traffic. The nearby Lewis Fraser Middle School adds to the local appeal. This assemblage is also less than 5 miles from Fort Stewart, the largest department of defense east of the Mississippi River. What sets this property apart is its convenience to a thriving retail hub, anchored by Hobby Lobby, TJ Maxx, Dick's Sporting Goods, and a mouthwatering selection of dining options including Chick-fil-A, Panda Express, Longhorn Steakhouse, Chipotle, Five Guys, IHOP, and Starbucks - all within a mile's reach. This lot assemblage with a daily traffic count of approximately 26,000 is a golden opportunity for those seeking to tap into a bustling market. Don't miss out on this rare chance to secure a strategic and thriving commercial space. Jimmy Shanken CCIM, CIPS, RSPS Real Estate Advisor 912-977-4733 912-368-4300 Jimmy@CBCSouthernCoast.com #CommercialOpportunity #CommercialRealEstate #PrimeLocation #BusinessVenture #InvestmentOpportunity #BestRealtorinHinesville #RealtorsNearMe