tenant mix

Building the Right Tenant Mix for a Shopping Center

The right tenant mix is the combination of uses, credit quality, and lease terms that keeps a shopping center full, keeps sales strong for every tenant in it, and protects net operating income through a full market cycle. It is not a one-time leasing decision. It is a merchandising plan that the owner or manager revisits every time a space turns, because each new lease either strengthens the center as a...

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