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.
This is consistent with
the sales per square foot of $ 600.
While Tanger properties» average sales per square foot are $ 300 and its occupancy rate is 96 percent, Charter Oak's properties produce
sales per square foot of $ 280, with 93 percent occupancy.
The six properties have an average occupancy rate of 90 percent, and average
sales per square foot of $ 328.
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:
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.
Not exact matches
The Apple Store is the envy
of many in the retail world, with the highest
sales per square foot in the industry.
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.
Of 21 Trump properties that had sales in both 2016 and 2017, 15 experienced drops in the price per square foot of a unit sol
Of 21 Trump properties that had
sales in both 2016 and 2017, 15 experienced drops in the price
per square foot of a unit sol
of a unit sold.
This
per -
square -
foot charge or small percentage
of a store's gross
sales covers advertising and promotion costs for the shopping area and upkeep
of the common areas surrounding the businesses (parking, sidewalk, walkways, sitting areas, patios, restrooms).
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.
Along with a handful
of other mall operators, including General Growth Properties (GGP), Taubman Centers, and Macerich, Simon dominates the so - called A-malls, those with the highest
sales per square foot.
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.
Sales per square foot are $ 604, a slight drop from a year ago but a full 27 % higher than the industry average
of $ 474, according to the International Council
of Shopping Centers (ICSC), the industry's trade organization.
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 tech giant is paying $ 60
per square foot for the 23,000 -
square -
foot store, one
of its largest, and will make shopping as simple as possible for rushed commuters, allowing them to purchase the company's products without the help
of a
sales assistant.
Also, see what the comparable
sales are at the bottom
of the page - what's the Price
Per Square Foot and how does that compare to your property.
The Filing Persons look forward to working with the Issuer on operating initiatives such as increasing
sales per square foot to peer levels, improving the Issuer's operating leverage and optimizing the number
of new store openings.
The information needed to complete the appraisal ranges from comments by the appraiser, if applicable, legal description,
sales price,
square footage and price
per square foot, age, condition, total rooms, date
of appraised value and appraised value, among hundreds
of other identifying aspects
of the property.
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.
«We are going to see a land
sale of over $ 500
per square foot buildable west
of Main.»
Lars, Marisa and Elsa, plus an ever - growing group
of staff, developed a business model that grew
sales out
of the run - down facility to more than $ 1,000
per square foot.
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.»
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.
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.
He simply reminds skeptics that 25 million people pass through the Water Tower, which generates $ 700
of retail
sales per square foot, every year.
It boasts the highest
sales -
per -
square -
foot marks
of any REIT making it an annual cash cow.
It is 94 percent occupied and boasts
sales of $ 341
per square foot.
The additional
square footage is diluting the
sales per square foot and the performance
of every retailer,» says Greene.
The center is currently 96 percent occupied with
sales productivity
of approximately $ 505
per square foot.
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.
The property has in - line tenant
sales of nearly $ 500
per square foot and an occupancy rate
of more than 99 percent.
«With
sales of nearly $ 500
per square foot and a dynamic growth profile, this strategic investment is consistent with our goal
of enhancing the quality
of our real estate portfolio.»
The property has in - line tenant
sales of approximately $ 500
per square foot and an occupancy rate
of 99 percent.
Sale price is more accurately quantified via
square footage (Builder's $
per square foot to construct, plus serviced lot cost, plus profit
of course).
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.
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.»
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.
The mall assets
of Rodamco North America generate industry - leading
sales of more than $ 450
per square foot and are 93 % occupied.
Developers are finding that residential condos can fetch investment
sales prices
of up to $ 5,000
per square foot, much higher than what the office buildings attracted.
Of course we should be mindful of prices per square foot of recent comparable sale
Of course we should be mindful
of prices per square foot of recent comparable sale
of prices
per square foot of recent comparable sale
of recent comparable
sales.
The CVS deal follows on the heels
of a March transaction in which Calkain Urban Investment Advisors completed the
sale of the Dupont Circle Starbucks Building in Washington, D.C., a mixed - use net - lease investment, to an institutional private equity group, for $ 1,672
per square foot and 4.3 percent cap rate, another record low cap rate for this sector.
The average
sales price
of a new manufactured home is $ 70,600 — half the cost
per square foot as a site - built home — and manufactured homes represent nine percent
of new, single - family home starts.
And among for -
sale housing,
per -
square -
foot values in walkable places s are 71 % higher than the average
of all other places.
These record
sales garnered an average $ 137
per square foot price tag and median cap rate
of 7.5 %.