shadow anchor

shadow anchor

Understood with reference to an anchor store, which is a retail store that generates a great deal of traffic and attracts business to the shopping center in which it is located. A nearby shopping center would say it is shadow anchored by the same store—the anchor is nearby,but not part of the same center.

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The property is 84,000 s/f, on a long-term net lease to Dicks Sporting Goods and is a shadow anchor outside of the SouthPark Mall in Charlotte, North Carolina.
Wheeler, Chairman and Chief Executive Officer, stated, "Surrey Plaza makes a great addition to our portfolio, as it is 100% leased, grocery-anchored, includes vacant outparcels that may provide value add opportunities, and includes a large shadow anchor (Ace Hardware) that has historically helped to drive traffic to this particular submarket.
com] announces a four-day auction event of former Circuit City and shadow anchor retail stores located in Michigan, Indiana, Illinois, and Mississippi.
Target will shadow anchor the first phase of the project in a 135,000 square foot building.
A Sam's Club is scheduled to be built at the center in 2013, adding an additional shadow anchor.
The shopping center, which has several small chain and mom-and-pop tenants, also has several national shadow anchor tenants such as Publix, Walgreens, and McDonalds.
Wal-Mart serves as a shadow anchor adjacent to the property.
Maxx, Bed Bath & Beyond, PetSmart and Old Navy, with Target drawing traffic as a shadow anchor.
CMBS loans with exposure to Mervyns as a tenant or shadow anchor.
With many national tenants and shadow anchors Target and Lowe s, Rutherford Crossing presented an excellent opportunity for a buyer seeking above-average market yields in the D.
4% engaged and its anchors consist of Giant Food, Harris Teeter, Weis Markets, Safeway, and Food Lion, with Kroger and Sam s Club as shadow anchors.
Shadow anchors include Lowe's Home Improvement Center and Target.