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Alabama firm buys Keystone, Greenwood shopping centers for $27 5M, seeks more upscale targets – Indianapolis Business Journal

The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis "as one of the most attractive cities in the Midwest."

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Alabama firm buys Keystone, Greenwood shopping centers for $27 5M, seeks more upscale targets

Alabama firm buys Keystone, Greenwood shopping centers for $27 5M, seeks more upscale targets
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Pandemic Drives Ups Demand for Drive-Thrus

Pandemic Drives Ups Demand for Drive-Thrus Burger King is planning three-lane locations. March 05, 2021 ALEXANDRIA, Va. The pandemic has put limits on foodservice seating capacity and sparked a boom in the demand for drive-thrus, reports the Wall Street Journal. While many foodservice operators took a big hit when COVID-19 occupancy limits closed their dining rooms, chains such as Chick-fil-A, McDonald’s and Checkers & Rally’s are enjoying a sales uptick at stores with drive-thru lanes. Even retailers that have never offered drive-thru options are rolling out lanes. Shake Shack is building its first drive-through this year in Orlando, and as NACS Daily reported, Wawa opened its first drive-thru convenience store in January in Morrisville, Pa.

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Drive-Through Lanes Become Hotter Commodities in Pandemic

Provided by Dow Jones By Esther Fung and Heather Haddon The pandemic is sparking a boom in an often-overlooked type of property, the drive-through. Food halls and restaurants have taken a big hit from frequent limits on seating capacity during the Covid-19 crisis. But chains such as Chick-fil-A Inc., McDonald s Corp. and Checkers & Rally s Restaurants Inc. said they are enjoying a sales uptick at stores with drive-through lanes, which have become more popular during the pandemic. You can pull up in your car and stay socially distant, said Camille Renshaw, chief executive of B+E, a real-estate investment brokerage firm.

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Real Estate Investor Seek Out Drive-Through Restaurants

Restaurants with drive-through lanes are seeing their values increase amid the coronavirus pandemic.

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