community shopping center

community shopping center

A shopping center of approximately 100,000 to 300,000 square feet and 20 to 70 retail spaces,designed for a mixture of retailers and food service establishments with a high convenience factor for a market area radius of 3 to 6 miles. Usually situated on 10 to 40 acres,with at least one anchor tenant;anchor(s) typically comprise 40 to 60 percent of the gross leasable space.

References in periodicals archive ?
Last week, with respect to one of the above mentioned projects, Glimcher Realty Trust acquired 12 acres of land at Mill Run on Fishinger Road and I-270 in Columbus, Ohio, where the Company plans to develop a community shopping center of approximately 200,000 square feet.
Upon completion, this community shopping center located in North Central Pennsylvania will total approximately 250,000 square feet and is 84% pre-leased at this time.
In Alabama, DLC purchased the Gulfdale Plaza in Mobile, a 94,712 s/f community shopping center anchored by Food World and Shields Plaza, Huntsville, a 79,240 s/f community shopping center.
Josh has been personally responsible for more than $275 million in neighborhood and community shopping center acquisitions and developments.
Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that it has closed on the acquisition of Cocoa Commons, a 75,120 square foot community shopping center located in Cocoa, Florida, as part of its $450 million Joint Venture with ING Clarion Partners, LLC.
Real Estate announced the closing of a K-Mart, Bi-Lo anchored community shopping center located in the burgeoning area of Cartersville, Georgia.
NYSE: BTR) today announced the purchase in December of five additional community shopping center properties, aggregating 918,000 square feet in four midwestern states.
Real Estate, a New York-based investment sales brokerage firm, announced the closing of a community shopping center in North Cape May, N.
The community shopping center is anchored by the Family Dollar at 9,596 sf and Discount Auto Parts at 8,613 sf.
Real Estate has announced the closing of a 126,000-square-foot Kmart-anchored community shopping center in Lexington, N.
Stop and Shop supermarkets and BJ's Wholesale Club are the anchors at the community shopping center.
Our most recent transaction was the acquisition of a 150,000 square-foot community shopping center in Philadelphia.
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