Sentences with phrase «tenant sales per square foot»

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 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.

Not exact matches

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

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

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

Mills, which has used similar tactics, says record tenant sales of $ 355 per square foot in the third quarter were partly due to the addition of nontraditional tenants.

Thanks to swanky tenants like Tiffany & Co., cash - flush shopaholics from Microsoft and six decades of Freeman - family TLC, sales top $ 600 per square foot, compared with the national average of $ 341.

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.

The properties are so - called Class B malls, as opposed to Class A, which differ based on the sales per square foot the specialty store tenants generate.