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Category Archives: US CRE

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Union Bank Increases its East Coast Presence

CRE Worldwide Posted on April 13, 2013 by Ramin SeddiqApril 13, 2013

San Francisco-based Union Bank (owned by Bank of Tokyo-Mitsubishi UFJ) is buying a $3.7 billion portfolio of CRE-secured loans from PB Capital – a unit of Deutsche Bank – for an undisclosed amount,

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Posted in US CRE | Tagged Lending

Valbridge Property Advisors

CRE Worldwide Posted on March 24, 2013 by Ramin SeddiqMarch 24, 2013

Forty-two CRE appraisal companies have merged to form Valbridge Property Advisors. Headquartered in Naples, Florida, the privately owned corporation ranks third behind Integra Realty Resources and CBRE among CRE firms providing valuation and consulting This is the best way to … Continue reading →

Posted in US CRE | Tagged CRE Profession, Pricing

Inland American to Sell its SunTrust Net Lease Portfolio

CRE Worldwide Posted on February 28, 2013 by Ramin SeddiqMarch 3, 2013

Inland American has retained the Capital Markets Group of Jones Lang LaSalle to sell its SunTrust net lease portfolio, according to Commercial Property Executive. The 143-branch The treatment method cost as well as other expenses that go along free prescription … Continue reading →

Posted in US CRE | Tagged Investments, Leasing, Net Lease, RE Sales, Retail

Yogurt Bars

CRE Worldwide Posted on February 25, 2013 by Ramin SeddiqFebruary 25, 2013

Annual U.S. sales of Greek-style yogurt have risen from $60 million to $1.5 billion over the past five years, according to Shopping Centers Today (SCT). Sales of Greek-style yogurt now account for 21 percent of yogurt sales – up from … Continue reading →

Posted in US CRE | Tagged Leasing, New York, Retail

Revel To File For Bankruptcy

CRE Worldwide Posted on February 23, 2013 by Ramin SeddiqFebruary 23, 2013

Atlantic City’s Revel Casino is filing for Chapter 11 bankruptcy protection in March, according to The Huffington Post. The $2.4 billion resort casino, which has attempted to differentiate itself from the other casinos in Atlantic City by marketing itself as … Continue reading →

Posted in US CRE | Tagged Hotels, Multi-family

Average Retail Gross Margins

CRE Worldwide Posted on February 19, 2013 by Ramin SeddiqFebruary 19, 2013

Costco: 12.6 Wal-Mart: 24.7 College Stores (total sales): 27.8 Electronics: 28.0 Health & Personal Care: 29.7 Online and Mail Order: 38.5 Sporting Goods, Books & Music: 40.5 Clothing: 45.7 This cialis properien may seem far removed from traditional article writing … Continue reading →

Posted in US CRE | Tagged Operating Costs, Retail

Google Stores

CRE Worldwide Posted on February 18, 2013 by Ramin SeddiqFebruary 18, 2013

Google is planning to establish stand-alone retail stores in the U.S., according to 9to5. The company wants to give its customers the opportunity to try out products such as Google Nexus, Chrome and Glass before buying them. Furthermore, by building … Continue reading →

Posted in US CRE | Tagged Leasing, Retail

Apple Stores Outperform Other Retail Stores

CRE Worldwide Posted on February 9, 2013 by Ramin SeddiqFebruary 9, 2013

Sales per unit area is a measurement of a store’s productivity. According to AppleInsider (quoting data from market analytics firm Asymco), the U.S. national average for sales per square foot in regional malls is $341/sf. Surely, frequent congestion and repeated … Continue reading →

Posted in US CRE | Tagged Leasing, Retail

Barnes and Noble Plans to Gradually Reduce its Number of Stores

CRE Worldwide Posted on February 4, 2013 by Ramin SeddiqFebruary 4, 2013

Barnes and Noble plans to close about 20 retail stores per year for the next ten years, bringing the total number of stores down from its current 689 to less than 500, according to The Wall Street Journal (quoting Barnes … Continue reading →

Posted in US CRE | Tagged Leasing, Retail

Apple Wins Trade Dress Protection

CRE Worldwide Posted on January 31, 2013 by Ramin SeddiqJanuary 31, 2013

The U.S. Patent and Trademark Office (USPTO) has granted Apple’s request for trademark/trade dress protection for the design and layout of its retail stores, according to Reuters. The description of the protection (granted on January 22) includes an “oblong table … Continue reading →

Posted in US CRE | Tagged Asia, China, Government, Leasing, Retail

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