Sentences with phrase «sales per square foot in»

Most of the regional mall REITs reported increases in tenant sales per square foot in the third quarter compared to a year ago, ranging from 2.6 percent all the way to 13.2 percent (for Taubman).

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.

«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.

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

These A-class malls report sales per square foot in the $ 384 - $ 473 range.

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

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

For instance, Nordstrom Rack sales per square feet were 49 %, 48 % and 49 % higher than Nordstrom Full - line sales per square feet in 2011, 2012 and 2013, respectively.

The three B - class malls, which bring in sales per square feet in the $ 247 - $ 352 range, include Richmond, Calif.'s Hilltop Mall, Gaitherburg, Md.'s Lakeforest Mall and Glen Burnie, Md.'s Marley Station.

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.

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.

In addition to running a website and app, Frank + Oak operates 16 bricks - and - mortar stores with in - store barbershops and cafés — brand outposts less concerned with sales per square foot than hosting whisky tastings and promoting the Frank + Oak aesthetiIn addition to running a website and app, Frank + Oak operates 16 bricks - and - mortar stores with in - store barbershops and cafés — brand outposts less concerned with sales per square foot than hosting whisky tastings and promoting the Frank + Oak aesthetiin - store barbershops and cafés — brand outposts less concerned with sales per square foot than hosting whisky tastings and promoting the Frank + Oak aesthetic.

Of 21 Trump properties that had sales in both 2016 and 2017, 15 experienced drops in the price per square foot of a unit sold.

Sales spiked by 54.5 % in 2017 while price per square foot rose by 13.6 %.

In Chicago, the Trump International Hotel and Tower saw sales drop from 47 in 2015 to 18 in 2017 while the price per square foot fell by roughly 17 % last yeaIn Chicago, the Trump International Hotel and Tower saw sales drop from 47 in 2015 to 18 in 2017 while the price per square foot fell by roughly 17 % last yeain 2015 to 18 in 2017 while the price per square foot fell by roughly 17 % last yeain 2017 while the price per square foot fell by roughly 17 % last year.

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.

At 1 Great Jones Alley in Noho, for example, he said sales are averaging $ 2,800 per square foot.

Hang on to that $ 373 in sales per square foot; Moody's has a warning about that in a moment.

Moody's, which rates the company Baa3 (one notch above junk) with negative outlook, had a special word in July about the space CBL is in with its sales per square foot of $ 373:

Financial summary: In 2000, sales were $ 18 million and average weekly sales per square foot were $ 16.

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.

In 2014, Simon spun off most of its so - called B - and C - malls — those with lower sales per square foot — into a new REIT, called Washington Prime Group.

(In the 21 Trump buildings with sales in both 2016 and 2017, 15 experienced a decrease in the price per square footIn the 21 Trump buildings with sales in both 2016 and 2017, 15 experienced a decrease in the price per square footin both 2016 and 2017, 15 experienced a decrease in the price per square footin the price per square foot.)

This means the current asking price of a Miami Beach luxury condo listed for sale is about 42 percent higher than the average transaction price achieved on a per - unit basis and nearly 22 percent higher than the average transaction price on a per - square - foot basis in the first six months of 2017.

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 average sales price per square foot in Baltimore jumped from $ 46 between January and August last year to $ 66 per square foot during the same period this year, according to Cassidy Turley.

Between the money paid for the property and the new library space, the cost came out to $ 211 per buildable square foot — less than the $ 270 average for development sites in north Brooklyn and $ 311 for land sales within a two - mile radius in the last two years, according to the study.

There are key numbers to watch in this business, things like return on investment (ROI), sales per department and / or sales per square foot, profit and loss statements (and what it takes to make more profits than losses), sales histories and trends per category and per title, etc..

If a sales contract works out to a $ 125 per square foot number but recent sales in the neighborhood come in a $ 100 per foot, the appraised value just might come in lower than required.

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.

But of course, for those knowledgeable of the Wailea Beach Villas, the sale of a REO (foreclosure) in unit PH - 208 skews the numbers significantly, as it sold for $ 916 per square foot and thereby puts unnecessary downwards pressure on overall values.

As distressed sales in Wailea Beach Villas have been an anomaly (that was the only REO ever listed and 1 short sale was listed for 10 days prior to being cancelled), by examining the data excluding that REO, the sales price in 2011 was $ 1,766 per square foot.

Suddenly they have a lot more interior space, a much lower cost per square foot, places to put the thing that don't involve a huge investment in land, all of which has translated into real sales.

A report by Green Street Advisors in 2016 found that average sales for 220 malls with Apple Stores came to $ 710 per square foot, compared with $ 630 per square foot for malls without Apple Stores.

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.

Its $ 900 - plus in sales per square foot figures are second only to the $ 1,400 that Simon is pulling down a few doors away at the Forum Shops at Caesars Palace.

PREIT's 34.4 - million - square - foot portfolio, which is scattered across the Eastern seaboard, primarily in the 14 Mid-Atlantic states, is 86 percent occupied and achieves sales of $ 354 per square foot.

It's considerably more work than working on a high - end home sale, but it motivates me when someone is renting a 600 - square - foot, $ 1,500 - per - month apartment in downtown Seattle... and that's considered a bargain.

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 property has in - line tenant sales of nearly $ 500 per square foot and an occupancy rate of more than 99 percent.

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.

Urbanation monitors activity in condominium projects that are proposed, in development or have been built, to generate key market metrics such as total sales, listings, unsold inventory and average prices and rents per square foot.

The property has in - line tenant sales of approximately $ 500 per square foot and an occupancy rate of 99 percent.

With North American department - store sales per square foot dropping to $ 165 last year, from $ 200 in 2006, it's become more clear that the U.S. and Canada would be better off with 800 fewer department stores, according to research from Green Street Advisors.

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.

General Growth's same store NOI for the first quarter of 2007 was only 0.5 percent compared to 8.5 percent in the first quarter of 2006, due to lease termination fees carried over from last year, but its occupancy rate, at 92.9 percent, was 1.8 percent higher during the same period last year and its sales per square foot increased more than 3 percent since the first quarter of 2006 to $ 458.

At National, lease rates average a fairly standard $ 120 per sq. ft. Sales per square foot can run as high as $ 900 for large stores — higher than a mall average — but gross volumes in the smaller airport stores tend to mirror mall store performances.

Simon Property Group is also doing well, with a 3.7 percent increase in same store NOI and a 5.6 percent increase in sales per square foot to $ 487.

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.