#high-prices

#high-prices

In a competitive environment like airports, rent prices are exorbitant, with space costing upwards of $2,700 for a mere 175-square-feet, driving food prices higher.

The property located in the 3000 block of Price Court in Palo Alto was sold on April 4, 2025, for $3,750,000, or $2,845 per square foot.

Mr. Mille suggests that the key to survival in luxury is to maintain exclusivity and high prices, which ensures loyal clientele and limited production.