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Landlord

The Great Tenant Shuffle: What Happens When Anchor Businesses Move Out

Mall full of people

When anchor businesses move out, malls and retail centers face immediate disruption. These large tenants drive most customer visits. Smaller shops depend on this traffic to survive. Once the anchor leaves, the entire property feels the impact. Store sales drop. Visitor numbers fall. Lease values decline. An empty anchor space signals trouble to everyone in…