All Posts Tagged With: "starbucks"
Atco Loses Atlas Park at 8000 Cooper Ave in Glendale That Hemmerdingers Owned Since 1920s
(post by BT) In these economic times, one missed payment could mean that you lose a mall. Especially if your mortgage is held by French banks Societe Generale and Calyon. The Shops at Atlas Park mall is changing hands effective today after its developer Atco Properties & Management, defaulted on a loan payment. What went [...]
20Feb2009 | | 0 comments | Continued
About Breaking Reatail Leases: Is Starbucks Paying to Get Out?
(post by Dee) Quick lesson in commercial real estate… Sorry – I’m being pulled back to the Starbucks closing 600 stores! Although they are closing retail locations to save money or “trim fat”, they still may have to dish out lots of money in order to get out of those commercial leases. Take a lease [...]
24Jul2008 | | 0 comments | Continued
Starbucks Closing 600 Stores = Not Good for Those Landlords
(post by BT) Have you heard the one about the most desirable retail tenant in the US closing 600 locations? Not that funny? Well, with the prices of gas and food through the roof, those $5 venti, lite, half-caff, soy, double shot, vanilla lattes were bound to take a hit. What does that mean [...]
22Jul2008 | | 0 comments | ContinuedCap Rates: Is Commercial Real Estate Also Falling?
(post by Dee) I recently read a blog post titled Slow Motion Crash that predicts commercial real estate is headed in the same direction as residential - down. He compares the life cycle of the housing market bubble to that of commercial properties, and points to higher vacancies and longer time it takes nowadays to [...]
20Jun2008 | | 0 comments | Continued
Get Broker Tales by email