The ten most common pitfalls in strip shopping center development
Article Abstract:
Ten reasons why strip shopping centers fail were determined by the real estate brokerage firm RJ Brunelli & Co in studies conducted in the New Jersey area. The causes cited are inconveniently located strips, failure to emphasize one-stop shopping, poor visibility from vehicular traffic, strips are mixed-use and have two floors, shopping areas are too small, centers with numerous satellite stores, lack of markets or excessive competition, improperly designed centers, insufficient parking, and centers developed in middle-of-the-road places.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1992
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Soft issues play key role in due diligence process
Article Abstract:
Financial institutions are usually more interested in the financial documentation of real estate investments during the due diligence process. However, analysis of financial figures must also be supplemented by a closer look at nonfinancial issues when the investment in question is a retail shopping center. Focusing on the location, customer base, competition, physical plant, merchandise, advertising and sales promotion activity and selling service of the proposed investment can be very helpful for the investor.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1992
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The regional mall as an investment in the 1990s
Article Abstract:
Regional malls are likely to offer good investment opportunities, although they have been hit by the recent recession, and their popularity as investment products has thus been affected. An upturn is expected, and certain malls, such as those which are in good locations, or highly visible, are likely to perform well. Tenants are learning to improve productivity in the recession, which holds promise for the future.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1993
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