Point Acquisitions LLC’s Post

It has been a while since my last post 2 years ago, and although there have been significant shifts in the market, we have remained active. Our intent on growing our existing portfolio has and will remain strong. Below is a list of our acquisitions over the past 2 years, and while our number of acquisitions are down approx. 50% annually from the prior 12-year period, we are still very pleased with the addition of 31 excellent assets. I want to thank all the hard-working brokers that helped us. We couldn’t have achieved this growth without you. Vacant Lot – NEC of State St, and 100 North, Ferron, UT 7-Eleven – 18179 Lee Hwy, Amissville, VA 7-Eleven – 203 S Stuart Hwy, Elkton, VA 76 – 7400 La Tijera Blvd, Los Angeles, CA 7-Eleven – 631 S Main St, Fallbrook, CA AutoZone –  815 Dover Rd, Easton, MD Raising Cane’s – 3030 Milton Ave, Janesville, WI (Development Deal) 7-Eleven – 501 Serramonte Blvd, Daly City, CA Jack in the Box – 550 NE Circle Blvd, Corvallis, OR 7-Eleven – 3963 George Washington Memorial Hwy, Hayes, VA 7-Eleven – 1515 South 500 West, Woods Cross, UT Arby’s – 15021 Metcalf Ave, Overland Park, KS 7-Eleven – 191 W Adams, Chicago, IL 7-Eleven – 9502 Mt Holly Huntersville Rd, Huntersville, NC 7-Eleven – 1301 Veterans Blvd, Festus, MO Speedway – 507 E Broadway, Farmington, NM 7-Eleven – 357 Market St, Elmwood Park, NJ 7-Eleven - 10128 Wadsworth Pkwy, Westminster, CO Arby’s – 3270 Coors Blvd NW, Albuquerque, NM 7-Eleven – 730 E Foothill Blvd, Pomona, CA Vacant Hardees– 1250 S Pokegama Ave, Grand Rapids, MN Advance Auto – 5687 Curry Ford Rd, Orlando, FL 7-Eleven strip center – 13700 Vanownen St, Van Nuys, CA Einstein’s – 4639 Kirkman Rd, Orlando, FL Burger King – 4360 National Rd E, Richmond, IN 7-Eleven – 4101 Calloway Dr, Bakersfield, CA Safeway – 700 B Street, San Rafael, CA 7-Eleven – 651 W Main St, Lansdale, PA Jack in the Box – 1600 E Roosevelt Blvd, Monroe, NC Taco Bell – 4304 Outer Loop, Louisville, KY Fazoli’s – 3553 N Rock Rd, Wichita, KS Please continue to bring opportunities our way.

Frasers Group Expands Retail Footprint with Key Acquisitions! 🏢 Frasers Group has announced the acquisition of two major shopping centres and a retail park, adding over 1 million sq ft of retail space to its portfolio. 🏬 The group, which owns Sports Direct and Flannels, has acquired: • Princesshay Shopping Centre in Exeter • Fremlin Walk Shopping Centre in Maidstone (with new Frasers and Flannels stores opening soon) • Olympus Centre Retail Park in Gloucester According to CEO Michael Murray, this move reinforces Frasers' commitment to revitalizing high streets and investing in physical retail as a cornerstone for growth. 💬 “We strive to re-invent and elevate retail for UK shoppers, bringing the very best brands, environments, and experiences to our customers across the country.” #Retail #RealEstate #FrasersGroup #BusinessExpansion #ShoppingCentres #UKRetail #HighStreetRevival #RetailInvestment #FacilitiesManagement #BusinessNews Source: BDC Magazine

BLT Enterprises has acquired an incredible 92,073 square-foot #industrial warehouse property in #LasVegas, NV. As part of the deal, the property was leased back for a term of one year to the seller, a Fortune 500 food and beverage company, PepsiCo!      We are proactively marketing the property for lease as we await the end of the current lease term with PepsiCo. Once the lease term ends, BLT plans to implement strategic upgrades to the property with functional enhancements for a future tenant.     Sitting on 8.42 acres, this unique property is just two miles from the Las Vegas Strip. The infill location and low coverage makes it an ideal warehouse hub for servicing the multitude of businesses located on and around the Strip. BLT’s planned value-add improvements include upgrading onsite power and refurbishing the parking lot, which will help maximize the opportunity for outdoor storage.       We’re actively acquiring properties and always looking to expand our #industrial and #creativeoffice portfolio.    Have a property that might be a fit for us? Please contact BLT’s Vice President and Director of Acquisitions, Lukas Huberman at lukas@blt-enterprises.com       Read more about this acquisition in a recent story from Institute for Real Estate Operating Companies (iREOC) > https://lnkd.in/gMmXtK3J      #CommercialRealEstate #Acquisition #Partnership #Fortune500 #Nevada

New Post: Quilvest helped grow Metro Franchising from 44 Dunkin’ units to 105 - In September, Quilvest Capital Partners exited Metro Franchising, selling it to Beach Point Capital Management. Acquired in 2013, Metro is a leading Dunkin’ franchisee in the New York City area, growing from 44 to 105 units during Quilvest's ownership through acquisitions and new openings. Quilvest's investment strategy focused on enhancing operational infrastructure and pursuing complementary acquisitions. The management team's expertise, combined with Quilvest's resources, enabled organic growth. Investing in franchisees is appealing for private equity due to brand alignment, operational efficiencies, and income diversification. The Metro investment exemplifies Quilvest's approach to driving scalable growth through strategic initiatives. Read the full article here https://lnkd.in/g36JZKpg #Venturecapital #VC #investment #LP #Limited Partner

Sealy & Company is proud to announce the acquisition of Strongsville Commerce Center, a premier 310,080 SF Class A logistics facility located in Strongsville, OH. The property boasts modern features such as 32’ clear heights, 130’ truck court depths, 60’ speed bays, and ESFR fire protection. This highly versatile facility is 100% leased to two tenants with long-term tenancy and includes ample auto parking with future trailer parking potential. “The exceptional access to major transportation infrastructure and deep labor pools in the southwest Cleveland submarket, along with strong institutional ownership and the modern vintage of Strongsville Commerce Center, are in perfect alignment with Sealy’s Portfolio By Design investment strategy,” stated Davis Gibbs, Director – Investment Services for Sealy & Company. This acquisition was executed in a direct transaction with Scannell Properties and led by Sealy & Company's Jason Gandy, Managing Director - Investment Services, and Davis Gibbs, Director - Investment Services. To learn more about this deal, please visit https://lnkd.in/gQNGSRXy #IndustrialRealEstate #ClevelandMarket #Sealy&Company #Acquisition #InvestmentStrategies

Shurgard Self Storage, a self-storage company, agreed to acquire Lok'nStore Self-Storage Group, a self-storage space provider, for £378m. "Following several successful acquisitions over the past year, I am excited to disclose this new acquisition in the UK, which doubles our presence in the country, and accelerates our growth and expansion strategy. This milestone event for Shurgard adds an additional 171,000 sqm MLA, representing two full years of Shurgard's targeted annual expansion, with new ramp-up and development opportunities to accelerate our growth in existing and new UK markets. The acquisition brings with it a strong pipeline and development team, which can be leveraged to accelerate new opportunities in London, the South East and Manchester," Marc Oursin, Shurgard Self-Storage CEO. Shurgard Self-Storage (led by Marc Oursin) is advised by J.P. Morgan (led by Jonty Edwards, Dwayne Lysaght and Ashish Agrawal) and Allen & Overy. Lok'n Store Group (led by Andrew Jacobs) is advised by Peel Hunt (led by Carl Gough and Capel Irwin), Cavendish (led by Henrik Persson), Goldman Sachs (led by Chris Emmerson and Khamran Ali), Travers Smith and Camarco (led by Billy Clegg and Tom Huddart). #MergersAcquisitionsDivestitures #Storage #UK

🚨 Blackstone to acquire Jersey Mike’s Subs in a deal valuing the chain at an $8 billion enterprise value. 📈 Jersey Mike’s, the second-largest sub-style sandwich company in the U.S. after Subway, operates over 3,000 locations and plans to expand to 4,000 by 2027, targeting $6.5 billion in sales. 🏢 This acquisition fits Blackstone’s strategy of investing in franchise brands, following successful deals with Hilton Hotels, Servpro, and Tropical Smoothie Cafe. 💡 What are your thoughts on this move? Stay #StreetSmart #jerseymikes #blackstone #privateequity #financenews #M&A

The Luna-Thakor Group: Quick Read The 2024 convenience store industry is marked by a surge in acquisitions, driven by speed and simplicity for quicker returns. Smaller brands without succession plans are expected to exit, with larger players eyeing acquisitions in the 10- to 50-store range. Hot spots for growth are Texas and Florida. Challenges in financing may limit mid-size players, while the industry continues consolidation, potentially redefining large chains. GPM Investments LLC, Refuel, and Petroleum Marketing Group aim for acquisitions, while Sheetz Inc., Wawa, and RaceTrac Inc. focus on organic growth. Casey's General Stores Inc. in Ankeny, Iowa, is a standout growth chain in 2024, emphasizing aggressive acquisitions and strategic organic growth. The landscape reflects a dynamic mix of acquisitions, organic growth, and shifts in industry scale. Wyatt Andreu E: Wyatt.Andreu@marcusmillichap.com P: (832)-472-7821

As a Chicago resident, I was excited to see our homegrown Foxtrot gain traction nationally. Unfortunately, it appears Foxtrot created a facade of growth over the years that forced the company to shut down suddenly. Though the situation is still developing, these are my two cents. Foxtrot is an example of a vertically-integrated retailer. Through rapid expansion into new markets and high-profile executive hires, Foxtrot created the appearance that it was highly profitable… but its biggest problem was foot traffic. It did not have nearly enough volume to sustain the high cost of production, real estate costs, and expensive labor powering its tech and delivery offering. So Foxtrot tried for a merger. Chicagoans are no strangers to mergers, acquisitions, and even hostile takeovers in grocery. Many of the chains we’ve grown to know and love over the years — Dominick’s, Jewel-Osco, and Mariano's, to name a few — have been part of these kinds of deals. This time around, Foxtrot aimed to merge with tried-and-true grocery operations at Dom's Kitchen & Market, the latest venture from grocery legend Bob Mariano. Dom’s is (or was) a gem of a store offering an experience rarely seen in food retail. It (literally) centered its offering around prepared foods, differentiating itself from the conventional stores here in Chicago. Now, after only a few months, it appears that Foxtrot's hemorrhaging of cash ground all operations to a halt for both Foxtrot AND Dom's. Something was definitely missed in the due diligence process for this merger, and it's an unfortunate outcome for the associates and communities these stores served. #grocery #foodretail #chicago #cpg

Frasers Group Expands Retail Footprint with Key Acquisitions! 🏢 Frasers Group has announced the acquisition of two major shopping centres and a retail park, adding over 1 million sq ft of retail space to its portfolio. 🏬 The group, which owns Sports Direct and Flannels, has acquired: • Princesshay Shopping Centre in Exeter • Fremlin Walk Shopping Centre in Maidstone (with new Frasers and Flannels stores opening soon) • Olympus Centre Retail Park in Gloucester According to CEO Michael Murray, this move reinforces Frasers' commitment to revitalizing high streets and investing in physical retail as a cornerstone for growth. 💬 “We strive to re-invent and elevate retail for UK shoppers, bringing the very best brands, environments, and experiences to our customers across the country.” #Retail #RealEstate #FrasersGroup #BusinessExpansion #ShoppingCentres #UKRetail #HighStreetRevival #RetailInvestment #FacilitiesManagement #BusinessNews Source: BDC Magazine