mulberry factory shop Fecha  12/05/2014 20:12 
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Why is occupancy cost so low? First, the Davis Street team has been focused on the merchandising and dominant positioning of the centers right through the Great Recession. Second, Nordstrom's was just added to Green Hills September 14 and has had an outstanding opening, one of the best in their history. Third, El Paseo Village began leasing in 2008, yet Davis Street was able to secure some wonderful tenants such as Juicy Couture, Apple, Banana Republic, Kate Spade, bee bee, and Lucky Brand Jeans, but at some impact to rents. And most significantly, sales have accelerated as renovation, expansion, and new tenancies have opened in these centers. What looked like a good but uncertain story to tenants who negotiated leases in these locations over the last several years has turned into a huge win, and the higher than planned sales have pushed occupancy costs to these very low levels.                                                                                                                                                                                                                                                                                                                                


mulberry factory shop

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