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Your Best Store Might Be Your Worst Deal.
Each portfolio has the store everybody brags about. Highest sales in the fleet, toasted at the holiday party. Is it actually your best deal? Store A does $2M at 15% occupancy. Store B does $1.2M at 8%. One of them funds your next opening. A look at the ratio that separates sales volume from deal quality, and why it drifts on you over the life of a lease.
Patrick Chamberlain
Aug 12
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