Sentences with phrase «center sales per square foot»

Not exact matches

According to a January tally by Green Street Advisors, only 40 % of Macy's stores are in «strong» malls as measured by sales per square foot; the other 60 % are in the sorts of uninviting shopping centers where foot traffic is dwindling and department stores can feel especially vacant and gloomy.

The 2.4 - million - square - foot center generates about $ 1,000 in annual retail sales per square foot, according to real estate research firm Green Street Advisors — more than twice the national average for shopping centers.

That's why so much of the floorplan, labor and customer interaction tended to be centered around the cash register and metrics like sales per square foot and average transaction size were used to measure success.

Weatherproofing the outdoors is a tough, but necessary, assignment because lifestyle centers, which ICSC says average $ 400 sales in sales per square foot versus $ 330 for regional malls, are here to stay.

The center is currently 96 percent occupied with sales productivity of approximately $ 505 per square foot.

Anchored by Macy's, JCPenney and Strawbridge's, the 1.2 million - square - foot center is 94.5 percent leased and bringing in $ 404 per square foot in annual sales.

The power centers» sales per square foot were not available, but each rents at market - ranging between $ 9 per square foot and $ 15 per square foot.

For example, a retail store in the center in Greenwich, Conn., should expect to earn $ 600 — $ 800 in sales per square foot, Kaplan says, but the average mall retailer does just under $ 200 a square foot.

In - line specialty retail space totals 354,000 sq. ft.. The center is currently 94 % occupied and produces sales of approximately $ 301 per square foot.

Honolulu's Ala Moana mall is already known as one of the most profitable shopping centers in the United States, with annual sales per square foot exceeding $ 1,000.

Visit Taubman Asia website Our portfolio of shopping centers, located in major markets, reported trailing 12 - month sales in comparable centers of $ 802 per square foot as of September 30, 2017.

The enclosed center's shop tenant sales average approximately $ 650 per square foot.

As of September 30, 2010, the centers were 94.7 % occupied with average base rents of $ 24.52 per square foot, and they generated sales per square foot of $ 406.