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In US retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls, sometimes in the middle. With their broad appeal, they are … See more
When the planned shopping centre format was developed by Victor Gruen in the early to mid-1950s, signing larger department stores was necessary for the financial stability of the projects, and to draw retail traffic that would … See more
The International Council of Shopping Centers makes the presence of anchors one of the main defining characteristics of the two largest categories of centres, the regional center with … See more
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- a heavy object attached to a rope or chain and used to moor a vessel to the sea bottom, typically one having a metal shank with a ring at one end for the rope and a pair of curved and/or barbed flukes at the other:"the boat, no longer held fast by its anchor, swung wildly" · "an anchor chain"
WEBOct 27, 2021 · An anchor tenant is a tenant who leases the majority of the available space in a commercial center or is the largest tenant in the center by square footage. As a general rule, anchor tenants tend to be large …
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WEBFeb 25, 2020 · An anchor tenant—sometimes also called a prime tenant, a draw tenant, or a key tenant—is the leading, featured, big-name business that rents office space in any given development, complex, or …
Anchor Tenant | Meaning to Landlords and Tenants in …
WEBAn anchor tenant is an occupant in a retail center that draws traffic which drives business for other tenants in that retail center. Examples. The grocery store is the anchor tenant of our local neighborhood shopping …
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