Power center (retail)

Power centers often list their anchor tenants on tall roadside signs, like this one at Indio Towne Center in Indio, California.
Aerial view of 280 Metro Center (at bottom), showing location relative to San Francisco
DC USA, a vertical power center in Washington, D.C.
Big-box store entrances in Gateway Center, Brooklyn

A power center[1][2] or big-box center (known in Canadian and Commonwealth English as power centre or big-box centre) is a shopping center with typically 250,000 to 600,000 square feet (23,000 to 56,000 m2) of gross leasable area[2] that usually contains three or more big box anchor tenants and various smaller retailers,[1] where the anchors occupy 75–90% of the total area.[3][4]

  1. ^ a b Garbarine, Rachelle (August 15, 1999). "The New Goal at Retail Power Centers: Eye Appeal; Bowing to demands by towns to give more attention to design". The New York Times. p. RE9. Archived from the original on 2017-09-12.
  2. ^ a b "U.S. Shopping-Center Classification and Characteristics" (PDF). International Council of Shopping Centers. January 2017. Retrieved 2020-05-16.
  3. ^ Bennett, Jane (July 4, 2003). "Gate plans retail". Jacksonville Business Journal. Archived from the original on 2008-11-18.
  4. ^ "Commercial Real Estate Glossary". R.L. Travers & Associates. Springfield, Virginia. 2018. Archived from the original on 2018-10-30.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search