Pier 1 real estate
Hello all.

I own some residential property but I've never been able to get into commercial. I see these companies going bankrupt and I would like to buy a building. What companies or websites do I use to find a broker? I have done a basic look but it's not as easy as residential
[{"id": "fr75tm9", "text": "Pier One doesn't own property. They lease it. You need a commercial broker a commercial lawyer and a lot of research", "replies": [], "depth": 1}, {"id": "fr7gouy", "text": "Pier 1 doesn't invest in real estate. It invests in inventory and a means to sell that inventory (marketing) which under a very broad description includes their retail leases.\n\nSpecialized private corporations, REITS, and insurance companies are probably the primary investors in commercial real estate like this.", "replies": [{"id": "fr7ilxf", "text": "So companies like these don't own the buildings? What about jc pennies, Hertz, neiman Marcus, j crew, etc. I figured they would be available (except mall locations)", "replies": [{"id": "fr7ola6", "text": "It\u2019s rare for retailers to own the buildings they occupy", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fr7jbwg", "text": "Likely through an asset management big name commercial brokerage. It is decided by the lenders. They Want top price often done with cash.", "replies": [], "depth": 1}, {"id": "fr871rj", "text": "I do not think Pier 1 own any properties, they lease from the landlord (mostly corporate landlord). \n\nIf you want to buy commercial real estate, it depends on what kind of goal you have and how much money you have. For example, a B+/A- mall's anchor could sold for only 800K while a premier mall TCO owned could cost hundreds of millions.", "replies": [], "depth": 1}]