Content about Huntley

June 24, 2014

â–² Understand the assets covered by your leases: Taken together, leases are more than just one of a chain’s largest costs — they are the largest fixed expense, and they are fixed for the long term. As a rule, individual leases average seven to 10 years.

“Understanding that is critical,” said Michael P. Glimcher, chairman and CEO, Glimcher Realty Trust, Columbus, Ohio. “For a cost so large, you should have a strong knowledge about the assets covered by your leases.”

September 27, 2011

Tucker Development Corp. said that AT&T has opened a new store at Huntley Grove, the developer’s 350,000-sq.-ft., multi-tenant shopping center in Huntley, Ill.

Huntley, Ill. -- Tucker Development Corp. said that AT&T has opened a new store at Huntley Grove, the developer’s 350,000-sq.-ft., multi-tenant shopping center in Huntley, Ill.

AT&T occupies a 1,000-sq.-ft. space at the center.

Huntley Grove is anchored by a 176,000-sq.-ft. Walmart Supercenter, joined by State Farm, T-Mobile, AutoZone, The UPS Store and Jimano’s Pizzeria.
 

April 13, 2011

By Dwayne Shackelford, principal, Huntley, Mullaney, Spargo & Sullivan, Inc.

By Dwayne Shackelford, dshackelford@hmsinc.net

Proposed new lease accounting rule changes will have a significant impact on many retail and restaurant companies. The good news is that rent will no longer appear on the income statement; the bad news is that it will be replaced by amortization and interest charges, which will generally be larger in the first years of a lease and lower in the latter years.