If a real estate entity or fund is able to take some uncertainty out of the investment process, they will have a competitive advantage.
Drive-throughs are allowing QSRs to attract customers in a pandemic, while bans on indoor dining have brought down expenses.
The availability rate rose to 13.5 percent in November, according to data from Colliers International.
The unsolicited offer is at a premium to the REIT’s $4.7 billion current market value.