After hearing it celebrity chef Geoffrey Zakarian pulled
out of a restaurant lease at a Trump property in Washington, D.C..
Not exact matches
«Within the
restaurant sector, particularly the quick - service and fast - casual concepts, there has been a secular shift in people's behavior where people go
out to eat more,» according to Ethan Nessen, principal
of Boston - based CRIC Capital, a net -
lease specialist.
There was a lot
of 1031 money coming
out of apartment sales and looking to reinvest in net -
lease restaurants, which drove up demand and pricing.
But a rising number
of them are betting on single - tenant net
lease properties such as dollar stores, drugstores and fast - food
restaurants to help round
out their portfolios.