shopping center

Dictionary of Business Terms for: shopping center
shopping center

collection of retail stores with a common parking area and generally one or more large department, discount, or food stores; sometimes including an enclosed mall or walkway. The smallest of these are strip shopping centers; somewhat larger are neighborhood and community centers. The largest are regional or super-regional malls.

Dictionary of Real Estate Terms for: shopping center
shopping center

a collection of retail stores with a common parking area and generally one or more large department, discount, or food stores; sometimes including an enclosed mall or walkway.

*Gross leasable area
Source: International Council of Shopping Centers

Copyright (c) by Barron's Educational Series. Reprinted by arrangement with the publisher of this site.