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Old 06-08-2010, 01:01 PM
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Starbucks decision process around closing stores and opening new ones is strictly around margin. You have to wonder about the rent structure in TV with the huge business turnover. Every time I was there they seemed busy. I would think that TV management company would prefer to have a stable business profile for their rental properties vs the current turnover rate. Savy business people looking to lease space want that information and use it to select a place where they can make a profit. In the property management business you want to attract and retain good solid business tenants. My guess is Starbucks is high on that list. Seems TV is driving to many good businesses away with their rent structure. Even the really good ones will cut corners and it only hurts us, the consumer.
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