What is an anchor tenant?
The tenants of the anchors are companies that serve as the main tenant in the shopping center, office building or business districts. The tenant of this type is usually a company that is established, has a good reputation and serves as a magnet for other businesses they want to find in the same general area and possibly attract business either from an anchor tenant or its customers. The lack of a tenant of an anchor tenant, who is also known as a tenant or a key tenant, will often mean difficult economic times for property owners, because attraction of other businesses will be much more difficult.
One of the more common applications of the tenant's tenant's approach is found at shopping centers. Commercial centers will usually try to include at least one or two known retail chains or department stores in the selection of shops available for shoppers. Smaller centers can design a structure so that the tenant of the anchors is included at each end of the mall, with less known merchants located in Expansionis located between them. This approach helps to facilitate access to key stores and at the same time provides large operation to other traders, increasing the possibility of selling for all stores in the facility.
Another example of the use of an anchor tenant can be seen in the office building. Here, the highest floor can serve as a hub of the tenant's operation. The lower floors are reserved for companies that hope to trade either with a key tenant or at least with employees of this primary tenant. For example, if the top floor of the office building is located on the upper floor, the lower floors can be occupied by lunch counters, restaurants or two and retailers who carry business clothing. Mix of tenants may also include businesses offering services to support the work of a law firm such as detective agencies, notaries and printing for business cards, brochures andBusiness documents.
The decision of the lessee's tenant to move the operation to another location can serve as a deadly button for a shopping center or office building. This often happens when shopping and shopping centers move from one community to another. Usually smaller traders are closed within one year or two after the tenant Anchor has released the premises if it is not possible to attract another tenant of the anchor to take over the vacant space. Even if the nature of the new key tenant differs from the nature of the recently released tenant, the change may still lead to the departure of a number of smaller traders, which in turn increases the chances of closing the entire facility.