v.
To add or replace a major retailer (i.e., an anchor store) in a shopping mall.
Example Citation:
"Buffalo's Benderson Development is getting back into the outlet mall business with the purchase of the Sarasota Outlet Mall, near Sarasota, Fla....Benderson plans to unveil a redevelopment strategy for the center in January, a plan that is expected to include the signing of new tenant anchors. 'We're going to re-anchor and reposition the mall in the marketplace,' Ruben told a Florida newspaper."
Sharon Linstedt, "Benderson Buys Florida Mall In Return to Outlet Business," The Buffalo News, December 28, 1998
Sharon Linstedt, "Benderson Buys Florida Mall In Return to Outlet Business," The Buffalo News, December 28, 1998
Related Words:
Categories:


