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An example of a small strip mall in Onalaska, Wisconsin. A strip mall, strip center, strip plaza or simply plaza is a type of shopping center common in North America and Australia where the stores are arranged in a row, with a footpath in front. Strip malls are typically developed as a unit and have large parking lots in front.
Strip malls: Open-air centers under 30,000 square feet (2,800 m 2) are generally considered strip malls. [ 12 ] Kingsway West Retail Park in Dundee , Scotland – a typical layout with an anchor store (here a Tesco hypermarket ) and large-format retailers, surrounding customer parking and traffic access
Uniquely for the time, it had multiple national grocery store tenants Kroger, Piggly Wiggly, and the A&P Tea Company. [35] The Park and Shop (1930) in Cleveland Park, Washington, D.C. was an early strip mall or neighborhood center with parking in the front. It was anchored by Piggly Wiggly and built in an L shape. [36]
Neighborhood strip malls are emerging as a surprising opportunity in commercial real ... are now betting on the lowly strip mall. Blackstone spent $4 billion in November to acquire Retail ...
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Aerial view of the Financial District in Downtown Toronto Main Street in Chesterton, Indiana. Commercial areas, commercial districts or commercial zones in a city are areas, districts, or neighborhoods primarily composed of commercial buildings, such as a strip mall, office parks, downtown, central business district, financial district, "Main Street", or shopping centers.
The Shoppes at Arbor Lakes, a lifestyle center in Maple Grove, Minnesota The Shops at Friendly Center, a lifestyle center in Greensboro, North Carolina. A lifestyle center (American English), or lifestyle centre (Commonwealth English), is an open-air shopping center which aims to create a "pedestrian-friendly, town-like atmosphere with sidewalks, landscaping, ambient lighting, and park benches ...
For example, the company's in-place leases average just under $12 per square foot, but new leases in 2013 averaged $13.69 per square foot and new leases signed during the fourth quarter averaged ...