-
Divaris Sells Jiffy Lube Property for $1 million
Rockville, Md. — Divaris Real Estate has announced the sale of a net-leased Jiffy Lube on East Joppa Road in Parkville, Md. The 1,936-sq.-ft. building was purchased for $1,065,000 with a cap rate of 10%. Divaris handled the sale on behalf of but the buyer, Jiffy Joppa, and the seller, DLS Exchange Corp.
-
Survey: Consumers buying more specialty foods
New York -- Consumers are choosing specialty foods over conventional foods at record levels, according to research from the Specialty Food Association.
Nearly 75% of U.S. consumers report making specialty food purchases this year, a major increase since the economic downturn of 2009 when only 46% reported that they bought these high-quality products. Consumers surveyed say they spend about one quarter of their at-home food dollars on specialty options like artisanal chocolates, cheeses and oils.