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Demand from retailers larger than 10,000 square feet continues to be active with over 200,000 square feet leased during 3Q15. Some notable deals include H&M at Broadway Plaza, Nordstrom Rack at Fashionista Chicago and Uniqlo at Tyson Center. In 3Q15, $MAC converted 52,000 square feet from temporary to permanent tenants, a 109% rent increase.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.