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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.
Investors are seeing new value in the strip mall. A lack of supply and an uptick in in-person neighborhood shopping has increased their value. One commercial real estate investor called the ...
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 term "mall" is used for those types of centers in some markets beyond North America such as India [42] and the United Arab Emirates. [43] In other developing countries such as Namibia and Zambia, "Mall" is found in the names of many small centers that qualify as neighborhood shopping centers or strip malls according to the ICSC. [44]
There are few new grocery-anchored shopping malls being built today, and the construction horizon seems just as bleak. Is the community shopping center a dying relic of an older time, or is this a ...
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Examples: La Mirada Mall and La Habra Fashion Square in Southern California; and Seven Corners Shopping Center in suburban Washington, D.C. Seven Corners, once anchored by department stores Garfinckel's and Woodward & Lothrop, was an indoor mall with an adjacent strip-style convenience center. The indoor portion was torn down and replaced with ...
North Myrtle Beach is getting a new luxury shopping center. Lake View Commons is a luxury strip mall at 900 Highway 17 South in North Myrtle Beach.. The 14,000-square-foot building will feature a ...
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