leasing industry

JLL has arranged a $91.7 million sale-leaseback covering a retail bank branch portfolio across five states. Under the deal, the properties were sold to an investor while the banking tenant continues occupying the branches under long-term leases, freeing capital for the seller while securing income for the buyer. The transaction adds to a steady flow of sale-leaseback activity in net-lease commercial real estate.

Townhouse, the premium nail care brand, is scaling its footprint by opening salons in shopping centres and retail real estate. The company's approach positions nail services as a draw for mall landlords seeking experiential tenants, and the retail industry press is examining how the brand balances upscale service with the economics of leasing space in high-traffic shopping destinations.

A new study says used electric vehicles retain their value better than the leasing industry has claimed, challenging a common argument that EVs depreciate faster than petrol and diesel cars. The findings could affect how leasing companies price EVs and reassure used-car buyers worried about resale losses on electric models.

Republican lawmakers in Arizona are pushing to shift how the state manages its trust lands, favoring residential development over large-scale solar projects. The proposal would make it easier to open state-owned parcels to homebuilding while limiting renewable energy leases. Supporters frame it as addressing the state's housing shortage; critics argue it works against Arizona's growing solar industry.