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Neighborhood strip malls are emerging as a surprising opportunity in commercial real ... and are now betting on the lowly strip mall. Blackstone spent $4 billion in November to acquire Retail ...
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
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.
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The Family Vision Centre is the only service/business remaining of the original mall tenants in 1972 at the New Sudbury Centre. [2] With the recent expansion of a Walmart into a Walmart Supercentre, New Sudbury Centre had regained the title of largest shopping mall in Northern Ontario. [3]
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 ...
A pad site or outparcel is a freestanding parcel of commercial real estate located in the front of a larger shopping center or strip mall. [1] Desirable because of their visibility to consumers, accessibility, and the ease of facilitating drive-thru service, pad sites are typically sought after by banks, casual dining, and fast food restaurants.