Are you a retailer that often locates in or near major shopping centers and malls? Then you’ll want to explore the Directory of Major Malls / ShoppingCenters.com data set, which includes details on the 8,528 major open-air shopping centers, lifestyle/specialty, entertainment mixed-use, value retail and enclosed malls in the U.S. and Canada that are approximately 200,000+ square feet and larger in size.
For years, many have debated the death of shopping malls. The rise of ecommerce has been a big contributor to the struggles of brick-and-mortar retail, and many analysts and other experts have been talking about how these changes are impacting the American institution known as the shopping mall:
We sometimes hear from people connected to the retail industry that traditional void reports are outdated and not all that useful.
If you’re in the business of leasing a shopping center or helping a retail chain find space for their next location, there are a few things you need to know:
If you’re a shopping center owner or a marketer for a shopping center, one of the most important investments of your time is to understand what your shoppers and area consumers think about your center.
Maybe you’ve heard of the importance of running a void analysis when you’re recruiting retailers for your shopping center or trying to identify chain stores that are missing from your community. SiteSeer Professional’s tool, Void Analysis, is very beneficial—and not just for the broker or shopping center developer. Here are six people/users that should be using Void Analysis to grow the smart way:
If you’re a broker working with a new-build shopping center or a developer filling your own center, it can seem like an overwhelming job at the outset. Step number one is identifying an anchor tenant that sets the tone for the shopping center and fits the customers that are likely to be attracted to your center.
As a developer, property owner, or commercial real estate broker, your goal is to have the lowest vacancy rates in your shopping centers as possible. Sometimes that’s easy, other times not so much. But in the ever-changing retail market, what about when a shopping center loses an anchor tenant that was the main attraction for the entire shopping center? What is the best way to attract a replacement tenant that will prevent smaller retailers in the center from experiencing a significant decline in business or choose to leave?