DDR’s announcement that it will commence early hinchable termination of at least 90 anchor leases marks a major shift in the landlord/tenant balance, which has been strongly tilted in favor of retailers since the beginning of the recession. This move…
Anchor Vacancy
Best Buy’s Brick-and-Mortar Troubles Could Lead to More Empty Anchor Slots
by Patrik Jorgensen • • 0 Comments
The demise of Circuit City, Linens ‘n Things and Borders left many landlords scratching their collective heads to find alternatives to fill vacant spots in power centers and anchor spots in smaller centers. Now, Best Buy’s troubles and the company’s…