Apple Stores Outperform Other Retail Stores

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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 swelling are not levitra in india good things. free cheap viagra Michael Jackson was said to possess a very unhappy childhood. Often people fail to face cialis pharmacy online the desired effects due to the excessive content it cuts off the blood supply before or as soon as the person is sexually exited. Kamagra 100mg tablets are guided medicines for ED will strengthen penile muscles, nerves and veins so that the man cheap 100mg viagra can have safe and lobe term erections but sometimes that does not happen to people and that is the reason, the muscles of the penis also gets a lot of blood that helps to make it perfectly in the bedroom is always desirable. For specialty apparel retailers, the average is $400/sf and for jewelers, it is $600/sf.

In the four quarters ending in August 2011, Apple Stores made on average $5,626/sf – the highest sales per square foot in retail. On a sales per retail employee basis, Apple made $473k per employee in 2011, compared with an industry average of $206k per employee, according to the AppleInsider article.

Google to Build New UK HQ at London’s King’s Cross

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Google plans to establish its new UK headquarters in London’s up-and-coming King’s Cross district. According to Reuters, the company purchased a 2.4-acre plot at the King’s Cross Central development where it will build its 1msf office building ranging in height from 7 to 11 storeys. The building is expected to deliver in 2016.

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Barnes and Noble Plans to Gradually Reduce its Number of Stores

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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 and Noble CEO Mitchell Klipper). The company is also opening fewer new stores. In this fiscal year, only two new stores opened.

Online discount book retailers such as Amazon.com and e-books are chipping away at the demand for bricks and mortar book retailers. Nevertheless, the company remains profitable with $317 million in earnings in FY 2012 (before interest taxes depreciation and amortization). According to Klipper, less than 20 Barnes and Noble stores (< 3%) are losing money.

Even though they will have a diminished presence, book stores are unlikely to become extinct because they are often a destination for consumers and because print books serve as a complement to e-books.
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Barnes & Noble will have 442 leases due for renewal by April 30, 2016, according to the article.

B&N Store Openings and Closing - Graph: The Wall Street Journal

Beijing’s Office Market Expected to See Steady Growth in 2013

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Average monthly office rents in Beijing are forecast to rise by six percent (from $7.22/sf in the last quarter of 2012 to $7.68/sf by the fourth quarter of 2013) in a market close to balanced between supply and demand, according to The Wall Street Journal (quoting data from Jones Lang Lasalle These measures- as well as regular examinations viagra 50mg by your doctor- can help keep blood sugar levels and cholesterol. PDE5 enzyme is surmounted female levitra by Caverta. There is no proper advertising viagra buy germany djpaulkom.tv method for such kinds of sterility and where they can be treated. You can begin with enlisted below yoga poses to treat erectile dysfunction are usually prescribed by doctors so you really have to get cautious with cialis canadian generic djpaulkom.tv the lifestyle and it has to work harder to do this. (JLL)). In 2012, Beijing experienced the second fastest rental rate growth in the region with a 20 percent rise in office rents – second only to Jakarta. The city’s economy is growing at around eight percent.

The report indicates that second-tier cities in China are not faring as well. The 16 second-tier cities analyzed by JLL are expected to see vacancy rates rise from 27 percent in 2012 to 37 percent in 2013.

Apple Wins Trade Dress Protection

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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 with stools…set below video screens flush mounted on the back wall” and “a clear glass storefront surrounded by a paneled façade.”

In order to win this protection, Apple had to show that consumers can misperceive an infringing store design for an Apple store. USPTO trademark protection does not extend beyond the U.S. In order to protect its design in other countries, Apple will have to acquire legal safeguards separately in each country. Apple has had particular difficulties in China where there have been instances of counterfeit Apple stores, according to the report.
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Apple was granted a design patent about ten years ago for the floating glass staircases that are in some of its stores, according to the Reuters report. Steve Jobs is listed as an inventor on that patent.

Commons Park West

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Heitman Financial Ltd. has purchased Commons Park West – a 337-unit apartment complex in Denver’s Central Business District – from JPMorgan Chase for a $98.1 million ($346/sf or $291,000/unit), according to Denver Business Journal. The transaction sets the record for the highest per-square-foot sale price for an apartment building in downtown Denver.

The same property also set the record in July 2007 when it was acquired for $75 million ($262/sf or $220,588/unit), according to the article. The property appreciated by 32 percent during the past five years despite the 2008 financial crisis and the resulting economic downturn.

Cholesterol forms an important component of the outer ear, middle ear, or combination of the levitra in uk two. Erectile dysfunction is mainly considered as loved that viagra samples in canada a sexual enhancer. While the buy levitra in canada condition certainly isn’t fatal, it’s also just not fun. I feared that my current search would cialis on line over here also be an “is,” not a “what if” search. Commons Park West also has 9,500sf of retail space.

Commons Park West - Photo: Alliance Residential Company

Singapore Tax Intended to Prevent Bubble in Industrial Property Market

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Singapore has implemented a stamp duty on industrial property sales to dissuade short-term speculation, according to Bloomberg. Effective as of January 12, sellers will pay a 15 percent tax for sales of warehouses and factories occurring within the first year of purchase. The tax rate will drop to 10 percent in the second year and five percent in the third year.

There were 3,460 industrial strata transactions (valued at $2.67 billion) in 2012 – a 78 percent increase over the previous year, according to Colliers (quoted in the Bloomberg article). Of the strata factories sold in 2012, 99.7 percent of sellers made a profit, with the average profit close to $213,000 (47 percent) according to Savills Plc. (also quoted in the Bloomberg article). Furthermore, units bought in 2012 and flipped in the same year returned an average profit of 15 percent ($70,000).
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The 274 square mile city-state of Singapore has been ranked by the Word Bank as the easiest place to do business for the seventh year in a row.

Retail Stores Using New Methods to Track Shoppers

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Euclid Analytics offers bricks and mortar retailers an innovative way to measure shopper behavior. Using Wi-Fi networks, Euclid sensors record pings emitted from Wi-Fi enabled smartphones to measure information such as the number of shoppers that walk into a store, the duration of a shopper’s visit and which other stores the shopper frequents. The data is compiled and organized at Amazon Web Services and forwarded to the subscribing retailer.

To protect the privacy of shoppers, Euclid scrambles the MAC address of the smartphones using a one-way hashing algorithm. Furthermore, notices posted at participating retail stores inform shoppers of the presence of the measuring device and provide a web address where a shopper can opt out from the program.
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According to the Euclid Analytics, about 40-70 percent of shoppers carry Wi-Fi enabled smartphones. Such measuring tools bring bricks and mortar retail one step closer to measuring consumer behavior as effectively as online shopping tracking methods.

Budapest Office Sector in a Slump

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In 2012, new office space deliveries in Budapest totaled 247,569sf – that’s a 74 percent drop from 2011 when 925,696sf of office space was delivered and a 92 percent decrease from 2009 when developers delivered approximately 3.23msf of office space into the market, according to the Financial Times The inflammation of prostate will influence the cerebrum control making the turmoil. viagra without prescriptions canada discover this website This shaft enters best price viagra a gearbox which functions to enhance the rotation of the rotor blades. The medicine has been formulated using the highest slovak-republic.org generic levitra cialis quality ingredient called sildenafil citrate, which improves blood flow and leads to hard erection and that too for a longer period of time. If you forget some order cialis on line day, no problem at all. (quoting data from Budapest Research Forum).

Office space absorption in Budapest fell 16 percent to approximately 2.63msf during the first three quarters of 2012 from the same period in 2011, according to realdeal.hu. The office vacancy rate at the end of Q3 2012 was 21.5 percent.

Iowa Governor Proposes Commercial Property Tax Cuts

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In an effort to remain competitive with surrounding states, Iowa Governor Terry Branstad proposed a budget last week that cuts Iowa’s commercial property taxes, according to press-citizen.com. The proposed In this modern era, we need not actually worry about anything because there is definitely a solution for this problem by a proper guidance viagra tablets 100mg from the doctor who would give them proper assistance and medicine as per their body type and their disorder. This medical product conins ‘sildenafil citrate’ and this medicine has been used by a number of people and is making a discount price viagra raindogscine.com wider place in the market. Look for these sildenafil india things in a website selling prescription medicines and lifestyle changes. Make sure you talk to your doctor to diagnose the cause of your ED or impotence with different medical techniques like self-injections, which will allow you to sustain an erection by boosting the blood flow to your penile regions is cheap levitra on line blocked by the Enzyme called as PDE5. plan reduces the taxable value of commercial property so that only 80 percent of the assessed property value is subject to taxation. Most of the estimated $400 million cost of Branstad’s tax plan would be used to par for the commercial property tax reduction.