Just Closed: Jack in the Box in Gonzales, LA
 While other companies were home for the holidays, Capital Pacific was hard at work putting properties on the market. A seasoned, freestanding NNN Jack in the Box in Gonzales, LA hit the market on the morning of December 24. By early January there was an offer, and by January 16, the property was under contract with an all-cash buyer based out of Beverly Hills, CA. The property went on to close in late February after a seamless escrow. This closing is indicative of the “flight to quality” mentality that prevails in today’s market. It also underscores the appeal of real estate investments, which combine residual value, cash flow, and appreciation potential, compared to other “paper” assets. |