Shell to Divest 1,000 C-Stores

Shell Offloading 1,000 C-Stores Globally, Including 248 From Landmark Industries

What’s up! Welcome back to NNN Beast, the no-cost, no-nonsense email newsletter that gets you the latest and most valuable net lease real estate news straight to your inbox.

Here’s what we’ve got for you today:

  • Shell to Divest 1,000 C-Stores

👋 Was this email forwarded to you? Subscribe to get it directly!

SHELL OUT

Shell to Divest 1,000 C-Stores (Read More)

Shell

Shell's Global Divestiture: Shell to divest 1,000 retail sites over two years, impacting global c-store landscape.

  • Comeback in USA C-Store Space: Shell re-enters the U.S. c-store market with acquisitions and growth plans.

  • Focus on Retail Footprint: Recent acquisitions reinforce Shell's commitment to expanding its retail network.

  • Investment in Non-Energy Products: Shell invests $2.3 billion, with a focus on its c-store network.

  • Focus on EV Charging: Shell highlights its competitive edge through EV charging offerings and strategic acquisitions.

  • USA Numbers: Shell operates 250 retail sites, plus 14,000 branded gas stations across 49 states

TRIPLE NET TENDIES

🧠 Thought Leader: Zach Wright breaks down the difference between Dollar General and Family Dollar

👂 Ear Hustle: Adam Dickert breaks down absolute net lease 101

💎 Web Gem: Aaron Allen shares how restaurant inflation has been climbing

NET LEASE NUGGIES

  • The Home Depot expands distribution centers for pros. To support its professional customers, The Home Depot is opening four new distribution centers in key locations during the first half of 2024. These centers will stock large, bulky items like lumber and roofing materials. By expanding its supply chain infrastructure, The Home Depot aims to enhance its offerings and services tailored to industry professionals.
     (Read More)

  • Bojangles expands into Southwest w/ 20 New Stores. The fast-casual chain, in a new partnership with LVP Restaurant Group, LLC, will open 20 locations in Phoenix. Following their success in Las Vegas and with TravelCenters of America, Bojangles plans to capitalize on the high demand for chicken. This growth aligns with Bojangles' strategy, adding 270 units last year through franchising, strengthening their presence in the market. (Read More)

BEAST TWEETS

🐦 John Andreini: Insane CRE Story ALERT…

🦅 Chris Stephenson: 1 slam-dunk use of ChatGPT for CRE? Lease summarization…

🦢 Anthony Pompliano: I once asked Mark Yusko what separates the top 3 investors in the world from the top 1% of investors…

🦆 Joseph Brown: Here's how a change to banks leverage rules could bail out the US government…

VISUAL OF THE DAY

CRE Analyst

🚨Was this email forwarded to you? Subscribe to get it directly! 🚨