James Garner, CCIM - Garner Shiebler Group

Happy Mother’s Day ❤️🙏🏼

Rhett and I love you so much! We are endlessly appreciative of the sacrifices you take and the efforts you make to ensure our growing family is safe, happy, and empowered to grow in the right direction!🎉🙌🏼💪🏼

Now if we could just have a little more sleep…😴😵‍💫😅❤️🙏🏼

Throwback to floating down a river, banana leaf pad Thai and waterfalls.

Not pictured: you got in the cold water with me for a split second! You just didn’t stand under it like I did in this picture😅🥶🤷🏼‍♀️

Happy Valentine’s Day to the G.O.A.T🐐❤️

I am making a conscious effort to take in more quality content as a new habit. There are several books I have been wanting to read for a long time, but have never put priority on it.📚📖

I have already made significant progress over the past 30 days. If anyone has any book recommendations I should absorb and discuss, please leave them below.😬🫡🤯

I mostly prefer non-fiction, self improvement, philosophy, and books that provide thought provoking ideas.🤔🙏🏼

Medical office as a sector has emerged over recent years as a higher target for investment for several reasons.

Aside from being an essential business, whether people are maintaining or fighting illness, the demand for healthcare is always high. In addition, most groups have a strong financial backing on leases.

With medical concepts targeting retail locations, “Medtail” as a sector can provide the strength of a medical asset with the longterm appreciation and utility of retail centric real estate.

Contact us directly to learn more about the sector and what inventory we have that would be a good fit for your specific investment criteria.

Many business owners who own their real estate do it to cut their occupancy costs, but haven’t yet explored the true benefits and options as it relates to real estate as an investment vehicle.

We are actively helping business owners strategically leverage their real estate to pay off debt, fund their business expansion, plan for retirement, or diversify their cash flow stream by investing in other passive properties.

This can apply to every type business. From gym owners to financial planners; from veterinarians to auto body shops; from manufacturing to doggy daycares. If you own any kind of business with a. real estate component, we should have a conversation.

If you haven’t gone through our analysis, you probably don’t know what you’re sitting on. Let’s explore what our team can uncover for you and your business.

The grocery store sector is a subset of the retail real estate market that focuses on properties where food and household goods are sold.
Over the years, the grocery sector has evolved significantly, adapting to changing consumer preferences, technological advancements, and economic trends.

Stability and Essential Service: Grocery stores provide an essential service, offering food and household items that people need on a regular basis. This necessity-driven demand contributes to the sector's stability even during economic downturns. People continue to buy groceries regardless of economic conditions, making it a recession-resistant investment.

Consistent Cash Flow: Commercial real estate investments in the grocery store sector typically generate steady rental income. Long-term leases with established grocery chains or anchor tenants can provide a reliable and consistent cash flow for investors. These leases often include rent escalations over time, helping to hedge against inflation.

Resilience to E-Commerce: While e-commerce has disrupted various retail sectors, grocery shopping has proven to be somewhat resistant to the complete shift online. Many consumers still prefer to physically inspect and select their groceries.

Community Anchors: Grocery stores often serve as community anchors, attracting regular foot traffic to shopping centers. This foot traffic can benefit neighboring retailers, contributing to the overall success of the commercial property.

Potential for Appreciation: Well-located and well-managed grocery-anchored properties have the potential for capital appreciation over time increasing property values.

As an investment class, grocery-anchored properties can be an attractive option for investors seeking both income and long-term growth potential. Connect with us directly to learn more about how we can help.

Let us help you with some legacy planning. It’s not just about creating wealth, but also preserving it for generations to come.

Invest in quality long term real estate cash flow positive assets to hedge whatever else might just be a gamble.

Here's a detailed breakdown of the components involved in a basic Investment Stress Test:

1. Financial Underwriting and Assumptions:
- Start by gathering key property-specific information, financing terms, operating expenses, rental income, and lease terms.
- Develop a detailed financial model to project cash flows over a 10-year period.
- Incorporate conservative assumptions to account for potential risks and uncertainties. For example, assume lower revenue growth, higher expenses, and longer vacancy periods than initially anticipated.

2. Cash Flow Analysis:
- Consider possible rent escalations and lease expirations, and project future rental income accordingly.
- Calculate the property's debt service coverage ratio (DSCR) by dividing the NOI by the annual debt service (principal and interest payments). Ensure that the DSCR remains above the lender's required threshold.
- Account for capital expenditures, such as property maintenance, repairs, and improvements. Allocate funds each year for these expenses.

3. Developing a Detailed Business Plan:
- Start by defining your investment goals and strategy. Determine whether you aim for long-term appreciation, cash flow, or a combination of both.
- Assess the demand for your asset and evaluate the competitive landscape.
- Create a marketing and leasing strategy to attract and retain quality tenants.
- Develop a comprehensive property management plan to ensure efficient operations, timely rent collection, and effective maintenance.
- Consider potential risks and develop contingency plans to address them. For example, plan for potential economic downturns or unexpected vacancies.

4. Exit Strategy:
- Define your exit strategy based on your investment goals and market conditions.
- Determine your desired investment horizon and target return on investment (ROI). Set specific criteria for when to trigger the exit strategy.
- Monitor market trends and property performance regularly to assess the optimal time to exit.
- Consider the tax implications of different exit strategies to optimize your financial position.

Contact us directly to start our proprietary process.

We have helped clients buy and sell restaurant investments of all sizes and profiles. From $400,000 Waffle House deals to $10MM+ fine dining restaurant assets and everything in between.

The velocity in the restaurant sector is massive with risk profiles for every kind of investor. You can take on the long term credit Chick Fil A deal for low yield and long term stability or take on the risk and upside of a small unit franchisee from a growing regional concept.

If you own assets in the restaurant sector, let us help you hold strategically. We will put your asset under our microscope to help you identify opportunities before they pass you and risks before they creep up from behind.

Contact us directly to learn how our team can help you formulate a “recipe” for success!😉

As we plunge into the era of hybrid work realities and re-calibrated labour practices, certain discussions beg our attention. The recent situation with Jordan's pay system seems to bring one such 'elephant in the room' into focus.

• Jordan’s pay mechanism involved employees covering their own hourly labor from earned commissions. Only after this was accounted for, would they receive the residual commissions.

• Spoonfeeding this phenomenon, the employees were to first overcome the barrier of their draw. Only then would they bask in the hues of monetary recognition for their contributions in the form of commissions.

In the shadow of this development, here come a few predictions:

1) Greater Scrutiny: Employee payment models, especially those involving commission-moulded privileges, are set to face heightened scrutiny. Pioneered organizations should be mindful of their frameworks, lest they face legal reverberations.

2) Emphasis on Transparency: The pay structures will likely lean towards heightened transparency - making ‘visible’ the detailed bifurcation of an employee’s earning - because, as they say, clarity promotes trust .

3) Legislative Impact: Expect governmental and legislative arms to burgeon their participation in determining pay practices, to ensure the workforce isn't on the receiving end of any punitive system.

Neck-deep in a workforce evolution, businesses and leaders must continually strive to ensure their employment practices mirror the increasing calls for transparency, fairness, and dignity. Resorting to any pay model that implies the self-funding of base labor would not only rupture trust but might spur rippling consequences in the much-espoused employer branding.

Ma. High Court Weighs Alleged Wage Violations of Employer's Commission Plan | Law.com Basically, Jordan's system required the employees to pay for their own hourly labor. And then once they had earned sufficient draw to cover that time, which Jordan's would take out of their earned commissions, Jordan's would pay them whatever commissions were left, Sutton's counsel, Brant Casavant,....

The South Bay commercial real estate scene has just seen an impressive milestone, with the Laurel Park Commerce Center fetching a hefty $200 per square foot, claiming the record for the highest price fetched in the local market.

This transaction paints a clear picture of the evident strength and potential in South Bay's commercial real estate sector. It also poses an interesting question: What variables might have contributed to this record sale? Here are some notable considerations:

• Location: The literal value of 'location, location, location.' South Bay, with its proximal allure to tech hubs and evolving urban landscapes, surely plays a pivotal role.

• Amenity-richness: As workspaces morph to meet the demands of a diverse employee base, properties that pack a host of amenities are increasingly sought after.

• Increased Investor Sentiments: This outcome could be linked to gradually improving investor sentiments as we shuffle through the debris of the economic impact left behind by the pandemic.

Moving forward, we can all agree - the bar has been set high. Yet, lots of experts (myself included) are predicting an even brighter future for South Bay and other similarly-situated markets.

Here's why:

• Growing tech sector: As the tech sector widens, the need for multi-faceted commercial spaces will continue to increase. That translates directly into higher prices in premium locations.

• Post-pandemic resurgence: As business reopen and the economy gains momentum, demand for commercial real estate is sure to rise.

• Capital is over-flowing: There's an abundance of capital seeking investments in strong markets. That means more competition and higher prices per square foot.

More than ever, it's crucial for investors and stakeholders to be strategic, innovative, and forward-thinking. The future looks bright, and it's an exciting time to be part of the commercial real estate industry.

In conclusion, whether you're just observing or deeply entrenched in this market, let's keep our eyes wide open for the trends that will redefine the commercial real estate landscape.

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South Bay Asset Trades at Record Price | GlobeSt The Laurel Park Commerce Center sells for $200 per square foot, the highest price in the South Bay market.

Sometimes, opportunity emerges not from the calm but the storm. We stumbled upon such a situation with Thomas Sabatino Jr., stepping up to the plate as the new legal lead in the face of possible mayhem. His significant challenge? Tackling the entangled quagmire of ongoing opioid litigation.

🔮 My forecast begins with a note on resilience. Individuals like Thomas define it, reminding us all that true leaders emerge in adversity, bringing order to chaos.

Here’s some flavor of what lies ahead:

- Complexity: The opioid litigation issue has several layers, requiring the design of robust, tailored strategies for resolution.
- Intensity: Negotiations in such cases can often turn heated, and it would demand both patience and persistence.
- Empathy: Given the sensitive nature of opioid lawsuits, a thorough understanding of both legal and human elements is key.

📣 So, as we follow Thomas's story, we pause to remember that success is not just about achieving quick resolutions, but in fostering connections that create lasting impact.

This could well be a pivotal point in establishing the blueprint for future opioid related litigations, and indeed, for crisis management in the legal domain. Focusing on sustainable resolutions -the ones that remind us of the human face of business- will invariably contribute to the evolution of our judicial landscape longer term.

Let's stay tuned for how this saga unfolds, as it promises valuable lessons for us all, especially on resiliency and leadership in iodine times - essential ingredients for any professional kitchen.

Eight-Time GC at the Controls as Rite Aid Preps for Bankruptcy | Corporate Counsel Thomas Sabatino Jr., who took the legal reins in June, faces numerous challenges—including resolving a thicket of opioid litigation.

✨Exciting news on the property front: A firm has just made its largest acquisition to date, securing a 13-building property nearing a staggering 900,000 square feet!

⭐My prediction? This may just be the beginning of a trend towards larger acquisitions in the property industry.

🏢Let's delve into why:

• With increasing numbers working remotely or in hybrid models due to the COVID-19 pandemic, companies are rethinking their office scenarios. Large commercial spaces can easily be converted into flexible and collaborative work units accommodating these new work styles.

• The rise of e-commerce requires extensive logistic spaces. Large properties provide room for warehousing, manufacturing, and transport logistics fueling our digital economy.

• The demand for hyper-local convenience stores or suburban delivery hubs is growing. Large properties can readily be portioned into multiple smaller units to satisfy this demand.

This acquisition is making waves due to its size, but it may be symbolic of a larger shift within the property industry. Future trends could include splitting those mammoth estates into smaller, versatile workspaces or growing e-commerce storage needs.

🪄There's a sense of wonder and anticipation. Just how will the industry shape and repurpose these massive spaces to contribute towards their bottom line while catering to changing societal needs?

As we navigate through this dynamic industry landscape, I look forward to witnessing the ingenious solutions on the horizon.

BKM Buys Massive Nevada Industrial Property for $111M | GlobeSt The 13-building property totals nearly 900,000 square feet, making it the firm’s largest acquisition to date.

In an evolving socio-legal landscape, remaining adaptive and responsive is crucial, as beautifully exemplified by a recent decision from Colorado's highest court. 🏛️ The Colorado Supreme Court has granted a fresh round of certification to the Masterpiece Cakeshop - a name familiar to those keeping an eye on constitutional law and first amendment rights.

Breaking down the story:
- Masterpiece Cakeshop found itself in the crosshairs of notoriety after the 2018 U.S. Supreme Court ruling in 'Craig v. Masterpiece Cakeshop.'
- Most recently, the Colorado Court Of Appeals has overruled the store's stance asserting that baking a pink cake 🍰 with blue frosting does not constitute protected speech under the First Amendment.

Given the store's track record, the embedding of legal controversy goes tangibly beyond confectionery artistry. Considering this shift, here is my prediction:

🔮 Demand for domain-specific legal consultancy will continue to increase. As societal perceptions and norms evolve, businesses of all sizes must meet these changes proactively, for both sustainability and reputation.

This trend is forecasted to amplify, primarily in sectors functioning within or near the blurry lines of constitutional and human rights.

Here is some commentary on this news:

- Much like this case teaches us, businesses and individuals alike need to remain cognizant of the distinction between an artistic expression 🎭 and potentially harmful symbolisms/actions. Perception varies across the audience.
- It brings to light the expansive and intricate linkages between commerce, branding, law and societal norms. Ongoing dialogue 📝, education and consultation 🧑‍⚖️ remain paramount.
- Lastly, a business venture's success does not merely rest on innovative products or services—an all-rounded understanding of legal, social, and ethical boundaries 🏢 contributes significantly as well.

Consistently tracking and responding to socio-legal changes is an investment that pays dividends for businesses and society—equal parts of adaptation and care, humility and daring!

Stay in the know, stay ahead.

Colorado High Court Grants Cert to Masterpiece Cakeshop Over Transgender Cake | Law.com The Colorado Supreme Court has granted certification to Masterpiece Cakeshop, the same store that was party to the 2018 U.S. Supreme Court ruling in 'Craig v. Masterpiece Cakeshop,' after a decision by the Colorado Court of Appeals rejected the store's arguments and held that the act of baking a pin...

🔔News Alert🔔: The Dallas-based investment firm, The Landes Group, has recently refinanced 26 CVS Health stores with a combined asset value of more than $48 million. Let's unwrap this move:

☆ This refinancing move indicates a high degree of business acumen from The Landes Group. By leveraging assets, they're freeing up cash flow, improving liquidity, and potentially seeking to expand their geographical coverage or diversify their portfolio assets.

☆ Here's something to ponder; this reaffirms the stability and reliability of investing in commercial real estate, particularly retail pharmacies. The healthcare sector has proven its resilience in volatile times with pharmacy chains like playing a pivotal role.

☆ It's crucial to note that reassessment of valuables, in this case, 26 commercial properties and their potential cash flow, can present opportunities for optimizing financial structure and laying groundwork for future strategic moves.

Looking ahead, I predict the following trends:

1️⃣ Global healthcare demand will continue to surge - enhancing the value of investments in healthcare-related properties. The intersection of retail and healthcare could result in symbiotic growth for both sectors.

2️⃣ Firms might follow Landes Group's lead, reassessing their assets to potentially unlock value and generate operational efficiencies.

Real estate investment enthusiasts, let’s keep our eyes locked on this progressive, strategic transformation. Given the constantly evolving market dynamics, it all comes down to maneuvering available resources and capitalising on the lucrative sectors.

Landes Group Completes Refinancing of 26 CVS Stores | GlobeSt Dallas-based privately held real estate investment firm The Landes Group recently completed the refinancing of 26 CVS stores with a combined asset total valued at more than $48 million.

In an unprecedented announcement on Tuesday, it's come to light that we’re now dealing with the largest settlement in the history of multidistrict litigation associated with proton-pump inhibitor (PPI) medications, often prescribed for heartburn and stomach acid issues.

As a content writer devoted to consumer awareness and ethical practices in the pharmaceutical industry, here are some thoughts on this seismic development:

• Firstly, this settlement paints a broader picture of the healthcare world we operate within. How is drug safety being addressed? Are consumers aware of potential associated risks or do they put total faith in the provided treatments?

• Negotiated settlements of such magnitude strongly indicate past misconduct or significant flaw within the purveying establishments.

• This could fundamentally shift how major pharmaceutical companies approach the marketing, research, and distribution of these drugs. Assuming other PPI manufacturers will want to avoid a similar fiasco, expect a rise in transparency and improved safety procedures.

• Lastly, colossal settlements like these illuminate the power of group litigation – people, when collectively driven, can invoke change and accountability.

Predicting what’s next:

• A reevaluation of patient information protocol could be in the cards to avoid such issues in the future. We might also see clinical trials becoming more rigorous, thanks to the heightened scrutiny.

• There's an opportunity here for up-and-coming pharmaceuticals — those that prioritize patient safety and transparency may very well find themselves on the rise against competitors, possibly reshaping the industry.

In conclusions, the recent settlement showcases the intersection between lawsuits, legislation, and ethics in the pharmaceutical field, offering a glimpse into its potential future. As we navigate these challenging waters, the prioritization of patient health and well-being must lead the way.

Let's chat – what do you think the implications of this settlement might be? Will we see reform in the industry or is this just a one-off incident?

AstraZeneca to Pay $425M to Settle Thousands of Lawsuits Over Nexium, Prilosec | New Jersey Law Journal The settlement, announced on Tuesday, is the largest so far in the multidistrict litigation involving proton-pump inhibitor medications, used to treat heartburn and stomach acid.

Happy Monday, community! An exciting refresher for you – the vigorous job growth in sunny Phoenix has once again proved to play a significant role in the commercial real estate sector. Despite new office buildings emerging on the horizon, the office vacancy rates are actually taking a nosedive. Here’s my take:

• Constructing new property alone never guarantees full occupancy. Clearly, Phoenix's increased job supply significantly contributes to current occupancy dynamics. So, positive job growth causes a reduction in vacancy rates - quite an economic poem.

• This phenomenon might likely attract more investors or businesses seeking a new home. With lower vacancy rates hinting at an expanding commercial congregation, this could send a good vibe about market vitality, vigor and demand.

• The perceived demand could potentially prompt developers to amp up construction projects. Deeper instances of strong workforce growth might translate consummately into further commercial development and investment. This is the symbiotic relationship between job market trends and real estate stimuli.

Based on these perspectives, it's plausible that Phoenix is currently strutting on a tightrope, astutely balancing an uptick in construction endeavors with promising job growth.

The future looks bright in Phoenix! The city is showing that job growth doesn't always result in increased office vacancy rates. The ingenuity and resilience of Phoenix's economy continue to showcase.

The commercial and job market sectors may rest assured. Robust job growth is taming the rise of office vacancies quite successfully!

I tip my hat to Phoenix's dynamic synergy between commercial real estate and workforce expansion! 💼🏢📈

Phoenix Leads US Job Growth in Second Quarter | GlobeSt The strong job growth is driving the office vacancy rate down even with new office construction deliveries in Phoenix.

In a noteworthy development, last week an Illinois district court judge granted partial class certification for a long-standing lawsuit involving Hill's Pet Nutrition. First filed seven years ago, the claim centers around an ongoing debate over the company's policy demanding that pet owners acquire a veterinarian's prescription to buy their Prescription Diet food.

This is no trifling dispute. Rather, it hinges on consumer rights and brings up concerns related to:
• Trust and transparency between brands and consumers
• Impact on pet owners who may not have ready access to veterinarians
• Possible implications for the cost of pet care

While the broader implications of this case will be watched eagerly, it is prudent to speculate on the landscape ahead.
At this juncture, I predict:

1. If Hill's Pet Nutrition loses the lawsuit, we might see relaxing regulations pertaining to pet foods that require prescriptions, thereby democratizing access.
2. Increased backlash against corporations could drive a stronger demand for transparency and consumer advocacy.
3. We may see a revitalized discourse about pets' nutritional needs that might prompt more companies to offer higher quality, easily accessible products.

While it's true that such court cases possess the potential to fuel change, it will hinge heavily on how the legal landscape interprets consumer rights laws vs corporations' rights to business practices. This dialogue will influence not just regulations around prescription pet food, but also how companies communicate with consumers.

In finality, as in every legal dispute, this one is expected to drive a two-way change - strengthening the advocacy for consumer rights on one end, and urging corporations to rethink their strategies on the other.

Stay tuned as we embrace expected alliances and disruptions in the pet food industry, where the outcome of this painstaking seven-year-old legal battle is now set to reform trajectories.

Illinois Class Action Claim Over Prescription Pet Food Gets the Green Light | Law.com Seven years after it was first filed, an Illinois district court judge has granted, in part, a motion for class certification in a claim brought by pet owners against Hill's Pet Nutrition over the fact that the company requires a veterinarian's prescription to purchase its Prescription Diet food.

: A Post-Mortem

There's something to be gleaned from the recent news of an investor offloading the retail section of the Burbank Collection after seemingly augmenting its value significantly.

For starters, despite disparity in outlooks when it comes to investments, 'value' continues to be a consistently pertinent term among investors worldwide.

- The divestiture could signal a market saturation point for retail investments.
- Changing tides could have made holding onto retail portions less lucrative.

As we delve deeper into this modern era of investing, perhaps we should consider:
- Is 'driving significant value' a sufficiently satisfying investment goal before moving on?
- At what point should investors pivot and shed one venture for another?

This development may have the following implications:
1. The focus is probably shifting from quantity to quality, potentially indicating an industry-wide shift towards more targeted and strategic investments.
2. A newfound ability of investors to be flexible and improvisational, easily discarding projects once significant value is achieved.

In conclusion, my prediction is that this might not be an isolated incident but rather a precursor to a broader trend in investment strategies. I perceive an emergence of a novel investing model where the chase of value does not end in holding but in letting go, consequently, leading to agile investing. How are you driving value in your investments & when do you know it's time to let go?

GPI Sheds Burbank Retail Asset | GlobeSt The investor sheds the retail portion of the Burbank Collection after driving significant value during its ownership.