Large-Scale Shopping Center Development Opportunities
AbstractThis paper develops a model with cross-patronage effects between anchor tenant department stores and smaller non-anchor tenants to examine the development opportunities for large-scale shopping centers in the U.S. A major theme of the analysis is that large-scale shopping center development opportunities in the U.S. have been affected by demand changes brought about by rising income levels and the way individuals value and use time. Our analysis shows that these trends lead directly to increased development opportunities for large-scale shopping centers.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 71 (1995)
Issue (Month): 1 ()
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Web page: http://le.uwpress.org/
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- Gregory H. Chun & Mark J. Eppli & James D. Shilling, 2001. "A Simulation Analysis of the Relationship between Retail Sales and Shopping Center Rents," Journal of Real Estate Research, American Real Estate Society, vol. 21(3), pages 163-186.
- Thomas J. Miceli & C.F. Sirmans & Denise Stake, 1998. "Optimal Competition and Allocation of Space in Shopping Centers," Journal of Real Estate Research, American Real Estate Society, vol. 16(1), pages 113-126.
- Jonathan Wiley & Douglas Walker, 2011. "Casino Revenues and Retail Property Values: The Detroit Case," The Journal of Real Estate Finance and Economics, Springer, vol. 42(1), pages 99-114, January.
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