Quote:
Originally Posted by THE SCUD
Actually the reason target had nothing to do with the lease value but as a way to NOT acqure the Zellers union.
Also, you greatly eggagerate the lease value of an anvhor. AAA space downtown goes for 20-30 sqft.
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1. What are you talking about?
2. Downtown anchor? AAA space? What are you talking about? Office Space? The small tenants about 380,000 sq. ft, at Chinook Centre at October 2010 were paying an average of $90.00 a square foot. The anchors there will get a break, but not to $10-$20.00 a sq. ft. And if you somehow are talking office space, AAA space is about $37.00 a sq. ft.