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Institutional Property Advisors Closes 28-Property Fred Meyer Portfolio Sale

LOS ANGELES–(BUSINESS WIRE)–May 5, 2021– Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), as exclusive advisor to Cincinnati-based The Kroger Co. and Portland-based Fred Meyer Stores Inc., announced today the successful sale to Florida-based Benderson Development and leaseback of a 4.5-million-square-foot, 28-property portfolio of absolute net-leased Fred Meyer superstores consisting of 380 […]

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Grocery Store Properties See Strong Gains During Pandemic

As published in the Los Angeles Business Journal May 10, 2021   Demand for grocery store properties has soared during the pandemic, transforming the sector into one of the most sought-after real estate investment categories. Although spending on dining out surpassed spending on groceries for the first time in 2015, that trend reversed when the […]

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The Challenges of Retail Property Valuation During COVID-19

The Challenges of Retail Property Valuation During COVID-19 Few comparables and a cloudy economic picture make accurate appraisals difficult, explains Tom Lagos of Institutional Property Advisors. 9/2/2020 By Tom Lagos After a COVID-19-induced lull, our team has been increasingly approached by a number of multitenant shopping center owners interested in an estimate of value and […]

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Merging Talent, Experience and Values as a Client-Centric Team​​

Patrick Toomey and Tom Lagos have joined forces at JLL. While running competing​ teams in the industry, they found that they shared a deep conviction in a client-first approach to the business. Tom and Patrick also realized that they would have the proper balance of business development and execution to have a high-quality and high-volume team. With Patrick’s institutional […]

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