The Effect of Anchor Tenant Loss on Shopping Center Rents

Dean H. Gatzlaff, G. Stacy Sirmans and Barry A. Diskin
Additional contact information
Dean H. Gatzlaff: Department of Insurance, Real Estate and Business Law College of Business Florida State University Tallahassee, Florida 32306, http://www.cob.fsu.edu/rmi/
G. Stacy Sirmans: Department of Insurance, Real Estate and Business Law College of Business Florida State University Tallahassee, Florida 32306, http://www.cob.fsu.edu/rmi/
Barry A. Diskin: Department of Insurance, Real Estate and Business Law College of Business Florida State University Tallahassee, Florida 32306, http://www.cob.fsu.edu/rmi/

Journal of Real Estate Research, 1994, vol. 9, issue 1, 99-110

Abstract: This paper examines the effect that the loss of a shopping center anchor tenant has on the rental rates of the remaining tenants. Using data from smaller and moderately sized centers located in Florida and Georgia, two alternative regression procedures are employed and the results compared. Both estimates suggest similar and substantial effects to the rental rates. The rental rates of non-anchor tenants are estimated to decline approximately 25% in response to the loss of an anchor tenant.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

Downloads: (external link)
http://pages.jh.edu/jrer/papers/pdf/past/vol09n01/v09p099.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jre:issued:v:9:n:1:1994:p:99-110

Ordering information: This journal article can be ordered from
Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
http://pages.jh.edu/jrer/about/get.htm

Access Statistics for this article

Journal of Real Estate Research is currently edited by Dr. Ko Wang

More articles in Journal of Real Estate Research from American Real Estate Society American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323.
Bibliographic data for series maintained by JRER Graduate Assistant/Webmaster ().