anchor store

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anchor store

A store (usually a major chain store or department store) in a shopping center or mall whose presence attracts business to smaller shops within the center.
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Once completed, HubSpot will occupy the majority of the office space and become the anchor tenant at the McIntyre site, according to Redgate-Kane.
Coun Richard Wearmouth, chairman of Advance Northumberland, added: "We are incredibly close with the anchor tenant. We are making really good progress."
The failure to find an anchor tenant could have a huge impact on the rest of the development.
'By bringing in SM Hypermarket as the anchor tenant of Deca Mall, Urban Deca Homes residents and those from the environs no longer have to travel far for their everyday shopping needs,' company President and CEO Willibaldo J.
Ultimately this may affect the investment value of the centre, particularly if the vacating tenant is an anchor tenant, and finding a replacement tenant may be difficult.
"The building will take place when we've got security on the anchor tenant because the design changes depending on who the anchor tenant is."
Tryg is the anchor tenant of the office building and its Norwegian headquarters are located there.
Scarborough Development Group (SDG) have revealed they are in negotiations with an "anchor tenant", so-called because of the potential to attract other investors.
Neil Rami, chief executive of inward investment body Marketing Birmingham, said the banking giant would become an "anchor tenant for Birmingham" - showing it was a city open to big brands and front-office operations.
"This is very good exposure for all the businesses that are going to open with us." Lutfy said iMall already has an anchor tenant lined up, but could not yet reveal who it is.
Plus, the old agreement sets out that the city and the mall owner need to discuss the definition of an anchor tenant.