We have expansive soils here (clay that expands when it gets wet) as well as some older cast iron lines and even some orangeburg so it's common to see sewer line issues (often just some tree roots that need to be cleaned then the line re-scoped).

Then they moved over to the expansion of your credit-card limit, which a lot in the audience including me performed during lunchtime.

I moved here from Florida after seeing the expansive growth in the Columbus market.

I have heard that leaving 1/4 " along the perimeter can help expansion issues. 

I think due to the rapid expansion during the pandemic that caused housing prices to skyrocket mixed with interest rates, no one is able to successfully do an LTR (unless you BRRRR but even then numbers are tight).

The closures arrived at a time when Phoenix's retail market was tight, with space for expansion becoming increasingly rare.

The areas you specifically mentioned have seen growth due to those factors (Buckeye - industrial expansion; Surprise - TSMC plant relocated). 

With the sale leaseback ensuring income immediately, plus your plan to generate additional NOI through the storage yard or expansion, the numbers look strong.

In addition to the Chula Vista bay front redevelopment, South Bay also has the Brown Field expansion.  

There is a billboard on site with lease in place. 2.5 acres total with outdoor parking and room for expansion.