Quote:
Originally Posted by retiredguy123
The developer should maintain some control over the types of stores allowed in a shopping center, based on the need in that area. Of course, profit is also a serious consideration.
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In general, a retailer will not commit to a 6/7/8 year lease if there’s not a need for the product (I don’t see a baby’s R us moving into the Villages).
Also, Developer (commercial realtor) wants a nice mix of retailers for residents.
Commercial realtor also wants the businesses (tenants) to be a success, bankrupt businesses don’t pay rent.