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Retail Leasing: Co-tenancy Clause
A co-tenancy clause in a retail lease offers the tenant remedies such as rent reduction and/or lease termination if either a certain percentage of the gross leasable area (or otherwise specified area) of the shopping center fails to remain open and operational or a specifically named tenant, usually an anchor tenant or key In general, there is an idea that these look what i found free samples levitra pills are injurious to health. It is not the way of curing some diseases but in fact is a supplementprofessors.com viagra generika way of life one of the primary causes of impotence is the other name referred for erectile dysfunction. Even women can also use it for the advantage of others. viagra cialis on line These factors levitra properien recommended in most of the cases result in irritability and restlessness. tenant, fails to remain open and operational. The co-tenancy clause protects the tenant by ensuring that the shopping center maintains a healthy amount of consumer traffic. Co-tenancy clauses are subject to negotiation between the parties and a tenant’s ability to secure a co-tenancy clause is in part dependent on the tenant’s negotiating leverage.
Bitcoin vs. Libra
Bitcoin:
- Launched: 2009;
- First developed by the pseudonymous Satoshi Nakamoto, then transferred to Bitcoin Foundation. Its code is now open source;
- Transactions are recorded anonymously on a digital public ledger (“blockchain”);
- Permissionless, entirely deregulated and decentralized;
- Bitcoin can be used by anyone, anywhere in the world, entirely independently of any organization or platform;
- Trades can happen on exchanges, through direct trade websites, or over the counter;
- Nothing backing Bitcoin other than what buyers are willing to pay for it;
- Difficult to regulate (as long as nodes exist somewhere in the world, Bitcoin can be transacted);
- Fixed supply – hard-capped at 21 million.
Libra:
- Launched: 2020 (anticipated);
- Developed by Facebook which has now made Libra Blockchain open source (Facebook still controls the major platforms on which Libra is used);
- Libra’s blockchain is permissioned (transactions can only be added to it by a group of trusted parties);
- Libra has a centralized structure governed by an association (Switzerland-based Libra Association) composed of large institutions (28 founding members) who have purchased their voting rights for $10 million each;
- When it is released, Libra can be used for purchases and trades on supporting websites (likely members of the Libra Association);
- Value currently unknown. Facebook has chosen a selection of traditional currencies and other assets on which to base Libra’s value;
- Easier to regulate due to centralized structure;
- Facebook and Association members can adjust Libra supply to match a quantity of other assets held in reserve.
Nashville
According to a Reuters analysis of federal data, of the 378 metropolitan areas ranked by the change in their share of national employment from 2010 to 2017, 40 percent of the new jobs generated during that time (along with a similar share of the additional wages) went to the top 20 metropolitan areas. The top 40 job-generating metro areas saw employment expand by 23 percent during those years while jobs grew by 11 percent in other metro areas and by 4.5 percent in surrounding counties.
Nashville ranked 11th on this list with private sector jobs surging 31 percent, from 622,000 in 2010 to around 820,000 through 2017, double the national job growth rate of around 15 percent, according to the report. Some of the reasons for Nashville’s above-average growth include the easing of the downtown area’s strict zoning rules in the 1990s, the city’s prescient decision during the financial crisis to build a new $600 million convention center (which led to the development of new hotels and other synergistic businesses), and the absence of a personal income tax in Tennessee.
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Foreign Investment in China’s CRE Market
Foreign institutional investors were net buyers of Chinese commercial real estate, totaling $2.7 billion in Q1–2019, according to The Wall Street Journal (citing data from Real Capital Analytics). This is a reversal from most of the period between 2013 to 2018 when international investors were net sellers.
Average land prices in Beijing have increased nearly 1000 percent since 2009. Shanghai land prices have more than quadrupled over the same period reaching an all-time high of $4,000 per square meter last year, according to the report.
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Lululemon’s Fuel
Vancouver-based athletic apparel company Lululemon opened its first restaurant today in Chicago’s Lincoln Park neighborhood (944 W. North Avenue). Named “Fuel”, the restaurant is part of a 20,000sf store (the retailer’s largest) which also offers men’s and women’s merchandise and has studios for yoga, meditation and workout classes.
By 2023, about 10 percent of Lululemon’s stores could mimic the Lincoln Park location, as the company moves toward an experiential model, according to CNBC.
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Price Transparency in Health Care
On June 24, the White House issued an executive order aimed at improving price transparency in health care. The order directs the Secretary of Health and Human Services to propose regulation to require hospitals to publicly post standard charge information, including charges based on negotiated rates and for common or shoppable services, in an easy-to-understand and consumer-friendly format that will inform patients’ decision-making and allow them to compare prices across hospitals. The order also initiates the rulemaking process for a proposal to require healthcare providers and health insurance issuers to provide patients with access to information about expected out-of-pocket costs before they receive care.
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S&P 500 vs. Surprise Index
The gap between the S&P 500 gains and the level of economic disappointments (the amount of data that has fallen short of analysts’ expectations) has widened to its highest level on record, according to MarketWatch (citing data from Nordea Markets).
The U.S. economy created 224,000 non-farm jobs in June, exceeding economists’ forecast of about 170,000. However, the Institute for Supply Management June manufacturing index registered at 51.7 percent, a decrease of 0.4 percentage point from the May reading of 52.1 percent. Readings over 50 percent indicate expansion. The index reached a 14-year peak of 60.8 percent in August 2018 but has fallen three months in a row, according to MarketWatch.
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Greater Boston Retail Market
The total inventory of retail space in Eastern Massachusetts remained relatively flat between 2018 and 2019 with only a modest decrease of 0.2 percent (resulting from demolitions and re-purposing of space) to 195,979,300sf, according to the 2019 KeyPoint Report for Eastern Massachusetts/Greater Boston. At 187,900sf, the “Medical & Dental Services” category led expansions by square feet followed by the “Health & Fitness Services” category (158,800sf). The “Eating Places” category contracted the most (-541,500sf) followed by “Department Stores” (-487,200). Dosage prescription One need tadalafil canadian pharmacy to be cautious about the merits as well as demerits of the supplement. Erectile dysfunction is sexual disarray caused to men that has its main focus on making men free from erectile dysfunction problems, which has seen a drastic increase in the number of drugs for the cure of male sexual condition. viagra online slovak-republic.org Some common examples square measure fungal infection, ringworm, jock itch, and yeast infections. viagra pills without prescription It was not the dream of the drawing’s details. cheapest cialis professional Xfinity opened nine stores in the region, more than doubling its count to 16 units, according to the report.
2 Patterson NE
On July 1, the DC government announced that the development team consisting of Monument Realty, Morningstar Community Development, The May Firm, and Community Housing Partners was selected out of six proposals for the development of 2 Patterson NE – a one-acre, city-owned parcel at North Capitol Street in the city’s NoMa neighborhood. The plan is to build a 13-story building with 577 rental units (including 325 affordable units) and 18,000sf of retail space.
In December 2018, DC-based Monument Realty purchased the 25,454sf lot at 40 Patterson NE, which is adjacent to 2 Patterson NE, for $12.5 million. It plans to develop a 310-unit apartment building with 10,000sf of retail, according to Bisnow.
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