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Patrick Philip
  • Florida
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Do you think this article means $300/SF/year or month?

Patrick Philip
  • Florida
Posted Apr 1 2017, 17:19

https://therealdeal.com/miami/2017/03/29/thor-equities-leases-lincoln-road-spots-to-steven-madden-haagen-dazs/

This is an article about a company called Thor Equities. They recently rented out two vacancies on one of their retail properties in Miami. The article says that asking rents were $300/SF. Do you think this means per year or per month? For example, Haagen-Dazs rented a 1,000 square foot space for this price. Is Haagen-Dazs paying $300,000/month or per year?

My guess is per year.

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