Sentences with phrase «other anchor stores»

Not exact matches

Its architect, John Graham Jr., pioneered the dumbbell, big - box shape for malls, in which two rows of stores face each other and a department store anchors each end.

Simon Property Group, the nation's largest mall operator, essentially invented the department - store anchor model, and did more than any other company to popularize it.

In general in the industry, you are seeing more junior anchors, you possibly will see fewer department stores, and you will see other uses.

In the Mills» other proposed renovations to the portfolio, The Galleria at White Plains will get a new Sears anchor to accompany the existing Macy's location, as part of a repositioning that complements nearby mall The Westchester; two department stores will be added to Borward Mall, meanwhile.

However, in order to attract the office supply store, the developer offered a lease provision granting an option permitting the smaller tenant to terminate, pay a reduced rent or other negotiated concession, should the anchor tenant stop conducting business or vacate the center.

Since that market is so competitive, Principal Capital also lends on other types of retail developments, but as Dubas notes, «Everything escalates a notch when you don't have grocery - store anchors.»

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.

Newark's park revitalization, said Harnik, has brought other development to the area, including the adaptive reuse of the former Hahne's Department Store, which will feature Whole Foods as its anchor tenant.

The center is anchored by Saks Off 5th, Nike, Coach Women's and Men's stores, Old Navy, Gap and Polo Ralph Lauren and includes other tenants including Michael Kors, Barneys NY outlet, J Crew, Cole Haan, Burberry, Tommy Hilfiger, Brooks Brothers, Calvin Klein, Hugo Boss, Banana Republic and 120 others.

Almost all of its new anchors are split between four non-department store retailers: Linens «n» Things, Barnes & Noble, Dick's Sporting Goods and Steve & Barry's, a university sportswear store that has branched out into other lines of clothing.

The duo, Harrison Perrine and Jon Wheeler, will purchase, remerchandise and reposition grocery store - anchored retail centers and various other real estate investments.