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7 Cards in this Set
- Front
- Back
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do not have centralized management that determines what stores will be in a development, where the specific stores will be located, and how they will be operated |
unplanned locations |
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the shopping center developer and/or manager makes and enforces policies that govern store operations, such as the hours that a store must be opened. |
planned locations |
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the common facilities maintenance that shopping center management is responsible for, such as the parking area, providing security, parking lit lighting, outdoor signage for the center, advertising, and special events to attract consumers |
Common Area Maintenance (CAM) |
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the real estate industry's term for the total floor area designed for the retailers occupancy and exclusive use, including any basements, mezzanines, or upper floors |
Gross Leasable Area (GLA) |
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the geographic area that encompasses most of the customers who would patronize a specific retail site |
trade area |
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retail locations for an individual, isolated store unconnected to other stores; however they might be near other freestanding stores or near a shopping center |
freestanding sites |
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freestanding stores that are not connected to other stores in a shopping center but are located on the premises of a shopping center, typically in a parking area |
outparcels |
