And that private equity firm is largely made up of capital from pension funds, charitable endowments, and university endowments.

Dollars leaving the community is a good thing. Those dollars don’t just go into a black hole. They go to other towns. And some of those towns’ dollars come to our town.

That allows all of us to diversity our risk across geographic areas. I’d much rather own a small slice of grocery stores in 1000 towns across the country than a large share of the grocery store down the street.