Glossary of real estate terms used on this site
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| Term | Definition |
|---|---|
| Anchor tenant |
A retail store in a shopping center used as a major draw to the center. The presence of an anchor tenant helps secure financing for the center and enhances the chance of success for other tenants as it draws the public to i ts store. The store is normally part of a major chain and is a name easily recognized by the public. Depending on the size of the shopping center, there can be several anchor tenants. |
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