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DDR Corp. Message Board

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  • sage2123 sage2123 Mar 19, 2010 10:19 AM Flag

    Sales Per Square Foot

    kev-thanks for the positive response. Except for some types of clothing, it's just plain easier to find what you are looking for online, not to mention the sales tax issue. The federal government estimates that it costs $.55/mile to operate a vehicle, not to mention your time spent driving around shopping. What I found most interesting about the article was... what are REIT's going to do when national retailer's re-sign for smaller spaces at lower rents-enmasse? They cannot say no to the the big players, as other's rent structures are dependant on them staying put. This unforseen shift has undoubtedly been ommitted from their business model.

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