Together with
Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. One scroll saves you hours. Today, we learn about rising construction costs and megadeals reshaping CRE sales.
Today’s issue is sponsored by Cold Storage Summit — April 2027. High-signal. Recognizable names. Curated attendance. Request an invitation here.
COST CRUNCH: Rising material and diesel costs are forcing developers to shelve commercial projects as construction budgets break. Read more here.
MEGADEAL MASK: August CRE sales hit $107B, but megamergers obscure a 21% drop in underlying property transactions. Read more here.
POWER PLAY: Data centers embrace flexible power as curtailment requirements reshape site selection, costs, and development timelines. Read more here.
GROCERY GRAB: Brixmor and Everview will acquire Slate Grocery REIT for $2.34B, adding 115 grocery-anchored centers. Read more here.
IOS: Triten RE Partners, Principal Asset Management form joint venture to recap 17-property IOS portfolio. PLAYERS: Scott Arnoldy, Zach Dobin, Devin Chen. Read more here.
IOS: Redpoint Industrial Group buys 14.13 AC IOS in southwest Houston. PLAYERS: Derick Perkins, Jonas Fertitta, Brad Smith, Kyle Fischer. Read more here.
SHALLOW BAY: JLL sells Los Angeles-area shallow bay industrial park for $60.5M. PLAYERS: Patrick Nally, Evan Moran, Chad Solomon, Shae Vomund, Lauren O’Neill, Maria Alzaga. Read more here.
COLD STORAGE: Interstate Capital plans cold storage in Detroit metro area. PLAYERS: John Droze, Drake Filippis. Read more here.
SELF-STORAGE: Basis Industrial secures $20.5M construction loan for 707-unit self-storage facility in Phoenix metro area. PLAYER: Anthony Scavo. Read more here.
➡ Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, Cold Storage List, and Self Storage List.
COLD STORAGE SUMMIT - LAS VEGAS, APRIL 13, 2027
Join hundreds of cold chain owners, investors, developers, brokers, and capital partners in Las Vegas for a day built around what actually moves deals: power-ready sites, development pipelines, institutional capital, and durable demand from food, pharma, and 3PL tenants.
-> Click here to request an invitation: Cold Storage Summit Ticket Request
NEIGHBORHOOD: Rhino Investments buys 932K-SF Chicago-area shopping center for $95M, betting on grocery anchors and suburban retail demand. PLAYERS: Sanjiv Chopra, Adam Ifshin, Conor Lalor, Keely Polczynski. Read more here.
GROCERY ANCHORED: GCM Grosvenor seeds $200M grocery-anchored retail fund targeting $1B in value-add shopping centers. PLAYER: Peter Braffman. Read more here.
C-STORE: Casey’s buys ASAP Energy’s 20-store convenience chain as it targets smaller communities and continued expansion. Read more here.
NET LEASE: PlaceMKR buys five At Home stores for $31.85M, expanding beyond Texas with long-term leases and development upside. PLAYERS: Christopher Cortese, Jesse Weber. Read more here.
QSR: Starbucks plans 250 North American closures while spending $1B on restructuring and retrofitting stores. Read more here.
→ Make someone’s day. Forward CREalts to clients and colleagues!
~~
Disclaimer: The authors of CREalts are not finance or tax experts. This email is for educational use and not financial advice. Do your own research and consult with professionals before making financial decisions. Our content, which may contain affiliate links and sponsor posts, is subjective and not to be used as the only basis for such decisions. We are not responsible for any losses from relying on this information. Past performance of any asset is not indicative of future results.
