Sentences with phrase «anchor stores higher»

The mall operator would charge the smaller non - anchor stores higher rents.

Not exact matches

The commercial - real - estate firm CoStar estimates that nearly a quarter of malls in the US, or roughly 310 of the nation's 1,300 shopping malls, are at high risk of losing an anchor store.

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Over the years, mergers and re-organizations have kept this high - end, iconic, full - line department store alive, and to this day, Saks anchors major shopping malls and occupies stand - alone space across the nation.

«They are all anchored by major discount and / or grocery stores, they are located in high - traffic areas and in the southeastern United States, which is predicted to be one of the highest growth areas for the next 15 to 20 years,» Cosenza says.

Meanwhile, strip centers are in favor with lenders, says Murdoch, because the wealth of grocery store and drug chains that typically anchor them «have higher concentrations of strong credit tenants» than other retailer groups.

For the mall landlords such as Santa Monica, California - based Macerich, the partnerships allow them to redevelop the anchor stores and add new tenants who would pay higher rent than Sears and also may draw more shoppers to the properties.

The value in B malls, which feature anchor stores like J.C. Penney (NYSE: JCP), is being driven by the mall subsector's higher capitalization rates.

In general shopping continues to become more experiential with a focus on eating and being entertained; however, grocery and drug store anchored centers remain productive and in high demand.