In message , at 21:32:32 on Mon,
15 Nov 2010, Denis McMahon remarked:

I'll bet the NR / developers projections assume that retailers will pay
the same (or even more) per sq foot for "shiny new mezzanine" than they
currently pay for "dirty drafty concourse", when anyone with half a
brain can see that the reverse is more likely true because "shiny new
mezzanine" will have a greatly reduced turnover.

It seems a little unkind to assume they are as ignorant as that. It is
their day-job, after all.
--
Roland Perry