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Founded in 1971, Starbucks is a global brand in the quick service retail sector, specializing in the sale of high-margin specialty coffee. For the fiscal year ending 2014, Starbucks generated revenue of $16.44 billion and net income of $2.07 billion, with an extremely impressive gross margin of 58.54% and pre-tax operating margin of 18.7%. As of September 2015, its stock had appreciated 48% on a year-over-year basis. …
NEW YORK CITY—The committee charged with studying the rezoning process, which says its suggestions will set standards for new development, wants developers to “earn” square footage.
GARDEN GROVE, CA—The sale allows seller Xenia Hotels & Resorts Inc. to 'take advantage of the private market valuation for a legacy hotel in our portfolio' that was expected to deliver below-average growth, says president and CEO Marcel Verbas.
ATLANTA—“TownPark Commons has a long history of institutional ownership and high quality, long-term tenancy and Transwestern is ideally suited to continue that legacy.”
LOS ANGELES—Architecture firm KFA reimagines a distressed but historic hospital, believed to be haunted, into a stunning affordable senior living community.
LOS ANGELES—The annual challenge that pits UCLA's and USC's future industry power players against each other has been behind a lot of great development projects.