Apple being offered free rent just to open up stores

Apple Stores are increasingly seen as a sign of affluence, a sign that a neighborhood "has arrived." It turns out that some cities are more anxious to arrive than others, offering Apple sweetheart deals to open new stores — deals that often include Apple getting to move in rent-free.

A deal recently signed in Utah is bringing an Apple Store to the City Creek Center in downtown Salt Lake City. And according to independent sources, the unprecedented deal was sweet indeed: Apple was given five years' free rent to move in. Read more...