Most retail leases contain estoppel clauses requiring the tenant to prepare and sign an estoppel certificate upon landlord request. According to Black’s Law Dictionary (572 (7th Ed., 1999)), an estoppel certificate is a “signed statement by a party certifying for … Continue reading →
The UK’s 900 billion pound commercial property market is seeing some mixed results post-Brexit. Average commercial property values are down about 3.5 percent since the June 23 vote and YTD returns tracked by the IPD index are trending below zero. … Continue reading →
Louisville, KY based Yum Brands, Inc., revised its projects core operating profit projections from 12 percent growth from a year earlier to 14 percent growth from a year earlier (adjusted for currency conversion). Yum, which operates the licensed brands Taco … Continue reading →
In the second half of 2015, Puerto Rico’s jobless rate eased by two percent to 12 percent,
Continue reading →Clinical-stage biopharmaceutical company Novavax, Inc. has signed a lease to occupy Alexandria Technology Center – a 147,051sf Class A flex R&D building located in Gaithersburg, MD. The initial lease term is 13 years with a starting rent rate of $22.25/sf. … Continue reading →
Sporting goods retailer Sports Authority will close all 450 stores, according to Forbes. The company filed for Chapter Playing your favorite relaxation CD, such as those with nature sounds, often helps to reduce stress and tension. thought about that viagra … Continue reading →
CVS Health, the second-largest drugstore chain in the U.S. has partnered with the technology firm Curbside to create CVS Express, a program that allows customers to purchase non-prescription products with At the beginning, it had developed the European market and … Continue reading →
About 1,000 malls in the US (around 15 percent) should either close down or be re-purposed into a non-retail use over the next 10 years,
Continue reading →Vancouver-based Lululemon Athletica Inc. reported better than expected numbers for last quarter, according to Bloomberg. Sales increased by 17 percent to $704.3 million, compared with analysts’ projection of $693.1 million. Goldstein’s new analysis on the consequences of seat viagra uk … Continue reading →
In late 2014, an arts coalition called Dupont Underground signed a five-year lease at $30,000/year to transform the 75,000sf vacant tunnel system below DC’s Dupont Circle into a cultural venue for art exhibitions, concerts and the like. Built in the … Continue reading →