Del Taco Closures Could Unlock Major Real Estate Opportunities

A major shift is underway at Jack in the Box, owner of Del Taco, and it could open the door to hundreds of new real estate opportunities. In this episode, Kathy Fettke breaks down the company's decision to potentially sell its Del Taco brand and close up to 200 underperforming locations. With softening demand and rising competition in the fast-food sector, Jack in the Box is pivoting toward a leaner business model — and that means a wave of commercial properties may soon hit the market.

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Sources:

1. https://www.bisnow.com/national/news/retail/jack-in-the-box-closing-stores-cutting-dividends-in-turnaround-129073
2. https://finance.yahoo.com/news/jack-box-seeks-sell-del-101716969.html