Real ChatGPT answer · index seed2ZI07YtqFQQcompleteReal estate · commercial real estateinformational
How much rent discount do landlords usually give an anchor tenant and does it hurt the other retail tenants in the building
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SEED QUERY
How much rent discount do landlords usually give an anchor tenant and does it hurt the other retail tenants in the building
1 real search · 1 real-search pass
shopping center anchor tenant rent discounts typical percentage below market rent anchor tenant lease economics CAM expense allocation smaller tenantsGoogle ↗
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ChatGPT1 real searches · gpt-6
shopping center anchor tenant rent discounts typical percentage below market rent anchor tenant lease economics CAM expense allocation smaller tenants Google ↗
- Prominent stores who draw customers to a shopping center and who attract other stores to locate in that center are known as anchor tenants. Prior research shows that consistent with the Coase Theorem (Coase, 1960), center owners internalize the positive externalities¹ (spillovers) that anchor stores generate offering these stores lower rent at the expense (higher rent premiums) of non-anchor stores who subsidize this rent discount. When an anchor tenant departs from the center, negative external · haas.berkeley.edu
- California Supreme Court upholds cotenancy clause in retail lease as providing alternative rent structure · reuters.com