The San Francisco Apple Store is setting record sales numbers. Not for the new iPhone, but for the land itself. The Union Square property is reportedly selling for almost US$50 million thanks to a bid from mega-realty corporation Ashkenazy.
Normally commercial real estate prices near the exclusive Union Square location average an already mind-boggling price of $2,000 per square foot. The deal for the Apple property makes that look downright reasonable, averaging out to $3,000 per square foot.
Meanwhile the