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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jeftuxedo who wrote (134053)	5/21/2012 11:52:58 PM
From: Cogito	Read Replies (4) \| Respond to of 213182

Wow, what other retailers are being offered free rent and other perks just to open a store? None that I can think of. That is pretty amazing. But then, what other retailer can generate the kind of traffic an Apple store creates? I still find it funny to think about the people who said Apple stores would fail like the Gateway stores did.

To: jeftuxedo who wrote (134053)	5/22/2012 12:44:13 AM
From: Sr K	Respond to of 213182

That's what an anchor can get. Free rent, build-out allowances, tax abatements. Reduced impact fees. And more. Anchors get great deals to bring in traffic so a landlord can get good rent, better rent, and full rent from others. But Apple does not have a "net worth nearing half-a-trillion dollars". I don't know what Salt Lake City, Utah sales tax is (about 5.70%), but with $12,500 sales per square foot or more, i'd bet that Apple Store will bring in more for the city and state than any other tenant in the City Creek Center.