neighborhood shopping center


Also found in: Acronyms.

neighborhood shopping center

Generally a straight-line strip center with a grocery store anchor, sometimes a drugstore, and other small retailers. It caters to shoppers in the immediate neighborhood for convenience items,such as laundry,hair and nail care,video rental,tanning salons,mail and package stores,and gift items.

References in periodicals archive ?
A neighborhood shopping center is a relatively small shopping mall accommodating a range of clothing shops, drugstores and other specialty shops with a food supermarket acting as its core.
Boca Valley Plaza is a 121,000 square foot neighborhood shopping center on U.
Saul Centers currently operates and manages a real estate portfolio of 35 community and neighborhood shopping center and office properties totaling approximately 6.
There is nothing unique or unusual about the parents coming to this neighborhood shopping center, parking their cars and walking their children inside the building that would create a greater `threat to safety' to those parents and children than to the Albertson's customers - who also include parents and children - who come to the center, park their car and walk into the store to shop.
In November, Westwood acquired the 101,130-square foot neighborhood shopping center anchored by a Hy-Vee.
We feel very good about the quality and long term prospects for the neighborhood shopping centers in Pan Pacific's portfolio," said Kimco's Chairman and Chief Executive Officer, Milton Cooper.
is a self-administered, self-managed real estate investment trust that acquires, renovates, develops and manages community and neighborhood shopping centers, principally anchored by national and regional supermarket chains.
Spindale is located 70 miles northwest of the growing metro Charlotte area and 60 miles southwest of Hickory, NC, where Aegis currently owns another neighborhood shopping center, The Market Place.
The net cash proceeds from the sale transactions, after the payoff of existing mortgage financing, amounted to over $4,000,000, and those proceeds were used in part to fund First Washington's recently announced acquisition of Watkins Park Plaza, a 114,000 square foot Safeway-anchored neighborhood shopping center in Prince George's County, Maryland.
NYSE: BFS) announced that it has completed the acquisition of The Glen Shopping Center, a 110,000 square foot neighborhood shopping center in Prince William County, Virginia, a suburb of Washington, D.
E[acute accent]--Waipio by Gentry, a 3,500-residential unit community in Central Oahu, including a neighborhood shopping center and the 125-acre Gentry business Park.
NYSE: BFS) announced that it has completed the acquisition of a 56,000 square foot neighborhood shopping center in Fairfax County, Virginia, a suburb of Washington, D.
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