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Large supermarkets remain common anchor stores within power centers however. Since the end of the 20th century, the declining popularity of old-line department stores has made it necessary for mall management companies to consider re-anchoring with other retail alternatives, or mix commercial development with residential development to ...
Regional shopping center: enclosed space; 400,000–800,000 sqft; 1–5 anchor stores with other tenants that sell a large variety of goods Community shopping center : open space; 125,000–400,000 sqft; provides general merchandise and commodities ( e.g. , supermarket, discount department store)
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This leasehold value may be transferable to another anchor tenant, and if so the retail tenant has a positive interest in the real estate. Valuer and Valuation: A "valuer" is an individual or professional who is trained and qualified to determine the value of assets, typically real estate or personal property, for various purposes.
Phar-Mor was another early anchor to the mall. [7] Sam's Club opened outside of the mall to customers in 1993. A Phase II addition, known as Veranda Main Street, opened November 14, 1995. It ran parallel to the middle mall corridor and contained TJ Maxx, Service Merchandise and the first location of Last Call by Neiman Marcus.
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The amount of the ANCHOR benefit depends on your income and whether you rent or own your home. Renters: Typically receive a fixed amount. Homeowners: Receive a benefit based on their income.
[257] [258] BlackRock, another major financial company, signed on as an anchor tenant at 50 Hudson Yards, where it occupies 850,000 square feet (79,000 m 2). [43] Financial Times wrote that Hudson Yards "is the boldest expression of a new fashion in corporate real estate that buildings and 'space' should be potent weapons in a fight to recruit ...