-
Jamestown acquires 799 Market Street
San Francisco -- Real estate investment and management firm Jamestown said Wednesday it has acquired 799 Market Street, a 142,902-sq.-ft. mixed-use development in downtown San Francisco.
The eight-story urban retail and office building includes five floors of creative office space atop 55,000 sq. ft. of retail, currently 100% occupied by a Ross Dress for Less flagship store, one of the five highest performing Ross stores in the nation.
-
Costco and TJX beat estimates in September
NEW YORK — Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.
Net sales rose 8% to $9.31 billion in the five weeks ended Sept. 30. Costco, which currently operates 608 warehouses, said it plans to open up to 14 new warehouses prior to the end of calendar year 2012.