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First Topgolf opens in Mississippi

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First Topgolf opens in Mississippi

First Topgolf opens in Mississippi

The first Topgolf in Ridgeland opens in just a few hours.

It's the golf entertainment chain's first location in Mississippi. Topgolf has more than 100 venues worldwide.

Developers broke ground in February on the new Topgolf, which is off Interstate 55, near Colony Park Boulevard.

"Quality of life in Ridgeland is one of the most important things to us and we do everything we can to make the quality of life better," said Ridgeland Mayor Gene McGee.

Topgolf in Panama City Beach Breaks Ground

Topgolf in Panama City Beach Breaks Ground

Topgolf has broken ground for its Panama City Beach location, which is now under construction. It is set to open in Summer 2025.

Topgolf is one of the most popular and exciting projects Panama City Beach is working on. It will be a two-level golf-entertainment venue on Powell Adams Drive south of the intersection of Panama City Beach Parkway adjacent to Pier Park.

According to a press release, once open, Topgolf Panama City Beach will employ roughly 275-300 people.

Dollar General Announces 19,000th Store Opening

Dollar General Announces 19,000th Store Opening

GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General (NYSE: DG) commemorated the grand opening of its 19,000th store in Joplin, Missouri today with a community celebration and $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples.

Dollar General Eyes International Expansion

Dollar General Eyes International Expansion

After several months of cost pressures and disruption, Dollar General is rounding out 2022 with a focus on expanding digital capabilities, adding to their store count, and differentiating their customer experience.

In 2023, the variety store chain will set approximately 3,170 projects in motion, including 1,050 new store openings across the U.S. With nearly 19,000 stores located within 5 miles of about 75% of the population, Dollar General already has a significant physical presence across the retail landscape, reaching shoppers in places where other stores oftentimes cannot. Dollar General also plans to open their first international stores in Mexico some time in 2023.

Dollar General’s newest shoppers: People making $100,000 a year

Dollar General’s newest shoppers: People making $100,000 a year

CNN Business

Middle-income and wealthier shoppers, pinched by inflation, are shopping more at Dollar General for essentials and discretionary items.

Dollar General (DG) CEO Todd Vasos this week said the retail giant has been attracting customers earning $100,000 a year in recent weeks. Inflation has pushed up prices for groceries and gas, and now these shoppers are turning to Dollar General (DG) and others to try to save money.

Why Dollar Stores Are a Better Bet Than Big-Box Retailers Right Now

Why Dollar Stores Are a Better Bet Than Big-Box Retailers Right Now

Retailers have been under particular pressure this year, as inflation-strapped consumers are being forced to make harder choices. That reality was on display during first-quarter earnings season in May, when both Walmart (ticker: WMT) and Target (TGT) disappointed; and again in June, when Target lowered its guidance for the second time in a month.

The big-box stores cautioned that shoppers had rapidly shifted away from pandemic-popular categories—think clothing, home goods, and electronics—in favor of essentials, prompting hefty, margin-crunching discounts to move overstocked merchandise. That warning triggered selloffs across the industry, including dollar stores, which cater to lower-income consumers who are hurting the most from inflation.

Dollar General now open in Dickinson

Dollar General now open in Dickinson

Known for its affordability and convenient store locations to purchase household essentials, Dollar General has made its way to Dickinson and is open for business.

Located at 78 23rd Ave. W., Dollar General is open 8 a.m. to 10 p.m. Monday through Sunday. Through its mission of “Serving Others,” the store is stocked with household essentials such as food, cleaning supplies, paper products, over-the-counter medicines, hygiene products and baby items.

“At Dollar General, we believe the addition of each new store provides positive economic growth for the communities we proudly serve, and the addition of our new Dickinson store highlights our commitment to deliver a pleasant shopping experience that includes great prices on quality products in a convenient location, ” said Dan Nieser, Dollar General’s senior vice president of real estate and store development.

Topgolf Entertainment Group Announces Expansion into South America Through New Partnership

Topgolf Entertainment Group Announces Expansion into South America Through New Partnership

DALLAS, July 8, 2021 /PRNewswire/ -- Global sports and entertainment leader Topgolf Entertainment Group announced today another major milestone on its global expansion journey by entering into a developer agreement with TG Latam (TGLA). With this partner, Topgolf plans to open venues in select South American countries starting with Bogotá, Colombia.

Currently, Topgolf operates 70 venues worldwide including 64 in the U.S., three in the United Kingdom, and one each in Australia, Mexico and the U.A.E (Dubai). Plans are also underway to open new franchised venues across Asia and Central Europe with locations currently in development in Oberhausen, Germany and Bangkok, Thailand.

Dollar General hires chief medical officer as it looks to become a health-care destination in rural areas

Dollar General hires chief medical officer as it looks to become a health-care destination in rural areas

Dollar General said Wednesday that it has hired its first chief medical officer and will add products such as cold and cough medication and dental supplies to shelves as it aims to become a health-care destination.

CEO Todd Vasos said the company’s new push is inspired by customers who said they want more convenient and affordable health-care products and services.

It has piloted new ways to provide medical care, too. Last month, it offered free Covid-19 testing at select locations through a partnership with the Virginia Department of Health. The Centers for Disease Control and Prevention said it was in talks with the company about turning stores into Covid vaccine sites, though the CDC and Dollar General have yet to announce any official plans.

TopGolf officially opens in Augusta

TopGolf officially opens in Augusta

Golfers in the Augusta area officially have a new place to practice their swings and hit some balls as TopGolf’s newest location opened Friday.

The facility is a first-of-its kind prototype. The Augusta facility only has one story instead of multiple, but still has a lot of the same features and amenities from other locations, company officials said.

Nick Treadway, general manager of TopGolf Augusta, said it was important to have a presence at the home of the Masters Tournament. Treadway said they wanted to create a new concept just for the Augusta facility.

“We are trying to create an experience that is beyond golf. We are actually the first venue that is fully outfitted with our top tracer technology, other venues don’t have that necessarily. It allows us to stay innovative with our game creation,” he said. “We are trying to create something beyond that, so it’s a backyard, social setting, where people want to come and just have a good time.”

Topgolf Breaks Ground in Northwest Arkansas

Topgolf Breaks Ground in Northwest Arkansas

ROGERS, Ark. (Arkansas Money & Politics) – Our long-awaited anticipations are coming closer to reality – Topgolf has officially broken ground on its new location in Rogers. This will be the first location that the global chain of golf-entertainment fusion has placed in Arkansas.

Up to now, the nearest Topgolf facilities for Arkansans were hundreds of miles away.

According to the Topgolf website, the location will feature more than 70 climate-controlled hitting bays, a full-service restaurant and bar, a rooftop terrace and private event spaces. It will also have more than 200 HDTVs and free Wi-Fi.

Labeled “Everyone’s Game,” Topgolf brings an approachability to the sport of golf, with a competition based driving range that tracks users scores digitally, blended with an on-site restaurant and sports bar. It is a place to hang out, play golf, or both.

According to Topgolf, almost half of their customers describe themselves as “non-golfers.”

Previous estimates by Topgolf assumed a local footprint of around 300 new jobs and approximately 250,000 annual guests to the Rogers location.

Nine Bentonville office buildings sell for $25.1 million

Nine Bentonville office buildings sell for $25.1 million

A collection of nine industrial buildings in Bentonville totaling 233,000 square feet are under new ownership after a recent sale worth $25.1 million.

In a deal that closed last week, a partnership formed by Colby Capital Real Estate Development of Overland Park, Kansas, acquired the properties at 1211 S.E. 28th St., 2501-2503 S.E. J St., 2700-2702 S.E. Otis Corley Drive, 2701-2703 S.E. Otis Corley Drive and 2704 S.E. Otis Corley Drive.

Ruby Tuesday, May 2018

Ruby Tuesday, May 2018

Colby capital completes $29,000,000 sale lease back of 19 corporately owned Ruby Tuesday restaurants. The restaurants are scattered throughout 12 states.

In December 2017, Ruby Tuesday, Inc. was purchased by Atlanta based NRD Capital with plans of a brand turn around.

Colby Capital continues to invest in high quality real estate with household names such as Ruby Tuesday.

Why Dollar General Stores are the Retailer of the Future

Why Dollar General Stores are the Retailer of the Future

Real estate investors and 1031 exchange buyers continue to gravitate toward single-tenant net lease properties as these properties typically offer long-term leases, minimal management responsibilities and credit tenants. However, the supply of new construction single-tenant properties with long-term leases continues to diminish. With many consumers abandoning brick-and-mortar retail in favor of e-commerce, numerous retailers have significantly reduced or halted their expansion plans. This has resulted in a lack of supply of new construction long-term, single-tenant properties.

First Retail Construction Project in 40 Years Breaks Ground

First Retail Construction Project in 40 Years Breaks Ground

EDGERTON, Kan. – (November 6, 2017) A groundbreaking ceremony for the first new retail construction project in the City of Edgerton in nearly 40 years was held on Saturday. The new 7,500 square-foot Dollar General store will be located at 106 West 3rd Street, just east of the Edgerton Elementary on 56 Highway.

“To have a quality retailer like Dollar General invest in our community is phenomenal,” said Mayor Donald Roberts. “Gaining a new retail store in Edgerton signifies the beginning of the next phase of growth and development within our community.”

Colby Capital Acquires Bentonville, AR Office/Warehouse Property

Colby Capital Acquires Bentonville, AR Office/Warehouse Property

Colby Capital Acquires Bentonville, AR Office/Warehouse PropertyColby Capital announces the purchase of Office/Warehouse property in Bentonville, Arkansas. The acquisition included 9 buildings totaling 233,000 square feet. Colby Capital partnered with Tom Boyd and William Wheeler to purchase the $25.1 million asset. 

Colby Capital Acquires Verizon Wireless Building

Colby Capital Acquires Verizon Wireless Building

Colby Capital Acquires Verizon Wireless Building In February 2017 Colby Capital purchased a freestanding 3,600 square foot Verizon Wireless located in Corbin Park in Overland Park, KS.

Dollar General Expands to North Dakota

Dollar General Expands to North Dakota

The opening of the Dollar General in Hankinson, ND on February 11, 2017 marks the retailer's expansion into North Dakota. Colby Capital is pleased to be a partner in the expansion into Dollar General's 44th state. Six additional stores are planned to open in the spring. 

Announcing the Launch of Fractional Acquisitions

Announcing the Launch of Fractional Acquisitions

W. Chance Carnes is pleased to announce the formation and start up of Fractional Acquisitions, LLC, as a vehicle to provide liquidity to owners of fractional interests in commercial real estate. The owners of Fractional Acquisitions, LLC have over 130 years combined experience in all phases of commercial real estate in the United States and can quickly and discreetly evaluate partially owned interests, offer and close the purchase of same quickly, and provide liquidity to a formerly illiquid market.

August 2016

August 2016

KFGO News is reporting that Dollar General will begin expansion into North Dakota. Colby Capital is proud to continue our relationship as we develop the first Dollar General locations in North Dakota.

November 2015

November 2015

Colby Capital completed the acquisition of an Advanced Auto retail center in Irmo, South Carolina. Colby Capital now has ownership in 4 Advanced Auto locations.

November 2015

November 2015

The Ponca City news featured Colby Capital, LLC on the front page of the November 6 edition. The paper was reporting the acquisition of Ponca Plaza, the 181,747 square-foot retail center anchored by JC Penney, Stage and Food Pyramid.

October 2015

October 2015

Colby Capital, LLC completed acquisition of a retail center in West Monroe, LA. The 83,000+ SF center is fully occupied by Hobby Lobby and Office Depot.

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Previous Next
First Topgolf opens in Mississippi
Topgolf in Panama City Beach Breaks Ground
Dollar General Announces 19,000th Store Opening
Dollar General Eyes International Expansion
Dollar General’s newest shoppers: People making $100,000 a year
Why Dollar Stores Are a Better Bet Than Big-Box Retailers Right Now
Dollar General now open in Dickinson
Topgolf Entertainment Group Announces Expansion into South America Through New Partnership
Dollar General hires chief medical officer as it looks to become a health-care destination in rural areas
TopGolf officially opens in Augusta
Topgolf Breaks Ground in Northwest Arkansas
Nine Bentonville office buildings sell for $25.1 million
Ruby Tuesday, May 2018
Why Dollar General Stores are the Retailer of the Future
First Retail Construction Project in 40 Years Breaks Ground
Colby Capital Acquires Bentonville, AR Office/Warehouse Property
Colby Capital Acquires Verizon Wireless Building
Dollar General Expands to North Dakota
Announcing the Launch of Fractional Acquisitions
August 2016
November 2015
November 2015
October 2015
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Colby Capital, 13501 Aberdeen Parkway, Leawood, KS, 66224, United States9137389100mallory@colbycapital.com