Hines recently sold two Manhattan trophy buildings to separate buyers for a total of over $1 billion, according to Commercial Property Executive. J.P. Morgan Asset Management acquired the 31-story, 750,000sf office building at 425 Lexington. The building has been fully … Continue reading →
Office rents in downtown Dubai range between $38/sf and $49/sf, according to Property Wire. Mall WARNINGS : While you decide to take Sildenafil for cheap levitra uk immediate cure before it is too late. It is because of the dangers … Continue reading →
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 →
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 →
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 →
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 →
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 … Continue reading →
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 →
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 … Continue reading →
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 →