Will Chambers Street Benefit From This Historic BMW Announcement?
- The Spartanburg-based plant expansion is set to overtake BMW's largest plant, which is currently outside of Munich and builds about 340,000 cars a year.
- As BMW expands its operations in the area, Chambers is likely to benefit from the expansion needs of many of the company's current tenants.
- Chambers Street's current dividend yield is 6.49%. That's an attractive yield, and based upon the peer group, I believe that this REIT is one of the best Net Lease opportunities.