It's probably one of the wisest moves they have ever made. I grew up ready comics, long before there was cable and the internet.
I've owned Disney for years and years. Theatre rentals are only a small part of O's rental property business.
Recession resistant investments like Walgreens make O such a good company. Plus, their FedEx rentals really help as people do order a few products from Amazon.
Ha, ha. Pretty hard to walk away from a 20 year lease guaranteed by the parent company.
Is that what you did - walked away from your mobile home when you got behind on the payments? It's not that easy for a corporation.
Sure they do. One of my neighbors is a manager at an Amazon warehouse. They use both UPS and FedEx.
Paul - they do not. I am guessing he may live in a single wide Skyline that he pays for with his Section 8 check.
Looks like O is going to collect some more money on this one. Cha-ching !!!
I probably own part of your mobile home park, but the management of SUI and UMH collect the rent for me.
UMH will finance a trailer for you, if you can scrap up enough for the down payment.
Lots of FedEx and UPS trucks there. Also, O owns some CVS and Rite Aid stores in the area.
Well done O,, well done....
TA is pretty much controlled by HPT. Has anyone read the financial statements?
Most locations of TA are leased, with millions in deferred rent due some years from now. There would not be a buyer for the assets of TA under the current conditions.
Of course they do not own the warehouse. But they do own many FedEx locations, which Amazon uses to ship their product !!!!
The more Amazon sells, the more O wins by collecting rent from FedEx.
Yes, the do own the C-stores. I don't think TA purchased them for a short-term "flip" This is not some TV show on the Home & Garden network.