Sentences with phrase «retail sales per square foot»

He simply reminds skeptics that 25 million people pass through the Water Tower, which generates $ 700 of retail sales per square foot, every year.

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.

Too much excess retail space has led to a drop in retail sales per square foot in the US.

The company is coming off a banner 2014: funds from operations (FFO), a key metric in real estate, rose to a record $ 8.90 per share, while retailer sales per square foot in the last 12 months reached $ 619 per square foot, their highest ever.

Not exact matches

Comparable store sales rose 16 %, and, on a sales - per - square - foot basis, Lululemon is still the top - performing apparel retailer in North America.

Post seemingly constant annual revenue growth of 50 % or more, manage the same feat with your gross margins, enjoy the fourth - highest sales per square foot of all retailers in the U.S. (behind Apple, Tiffany and Coach), exceed your own earnings estimates on a regular basis, and sooner or later someone will attempt to compete with you.

The Apple Store is the envy of many in the retail world, with the highest sales per square foot in the industry.

Barry Nabatian, a retail analyst and director at Shore - Tanner & Associates, says the Rideau Centre is prime real estate, generating $ 1,000 in annual sales per square foot.

Retail REITs that own and operate malls with low average sales per square foot, below $ 400, are experiencing the most pronounced credit risk.

Apple generates more sales per square foot than any U.S. retailer, and by a substantial margin.

Since 2000, RCA's database counts 24 Manhattan retail condo sales that were priced at $ 10,000 per square foot or more.

The first few months of 2016 also saw the third and fourth most expensive retail condo sales in the city's history — 139 Spring Street to Invesco for $ 25,843 per square foot and 106 Spring Street to the Carlyle Group for $ 17,559 per square foot, according to RCA.

The company's ability to continue to drive higher sales per square foot through its unique merchandising, new promotions like the rewards card, and the introduction of impulse items combined with an improving housing market should drive outperformance versus other retailers.

Retailers have to consider the cost of the freezer, as well as how much space they can devote to the category and the sales per square foot it can potentially achieve versus other categories.

There are few other items a pet retailer can carry that generate those types of sales and margins per square foot.»

Non-pet retailers will continue to look for opportunities to maximize per square - foot sales in their outlets, and as such, they will focus on the pet industry as an opportunity to expand.

The additional square footage is diluting the sales per square foot and the performance of every retailer,» says Greene.

The result: Retailers can generate more sales per square foot in less space causing store formats to shrink.

Moreover, architects Daniel Libeskind, Norman Foster and Charles Gwathmey all proposed rebuilding an underground retail concourse connected to a transportation hub, essentially duplicating the old setup that was yielding $ 900 per square foot in annual sales.

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.

Rouse's retail space generates sales of $ 439 per square foot and has an occupancy rate of 92 percent.

«I view the trend as moving to all leased real estate instead of owned, as it has been proven that retailers see a 25 % to 30 % increase in revenue and generating more sales per square foot in freestanding stores as opposed to in - line.

CVS has become more of an all - encompassing healthcare company and Walgreens has chosen to remain a retailer and maximize its sales per square foot.»

Charles Dunn Co., a partner of GVA Worldwide, negotiated the sale of a single - tenant, 5,173 - squrare - foot retail property on Pico Boulevard in Los Angeles to a family trust for $ 3.6 million, or $ 700 per square foot, a record - breaking price.

According to General Growth, the Canal Shoppes — whose tenants include Burberry, Kenneth Cole, Movado and Banana Republic — currently generates sales of roughly $ 900 per square foot, making it the second most productive retail asset in the United States after Simon Property Group's Forum Shoppes at Caesar's Palace, right across the Strip from the Venetian.

Apple's retail stores — which recently celebrated their tenth anniversary — have become some of the most successful retail ventures in recent history, bringing in several thousands of dollars in sales per square foot — by far the best record in the industry.

The Class A retail real estate market has also improved since last year as evidenced by higher tenant sales per square foot, the increased availability of lower - cost debt, and lower cap rates for Class A mall properties.