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FINC 371 Chapter 12 ON FINAL EXAM QUESTIONS 100% CORRECT!!

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  • FINC 371 Chapter 12
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  • FINC 371 Chapter 12

Commercial & Industrial Land Uses - ANSWER• Shopping center development • Office buildings • Industrial parks • Hotels and motels Shopping center development - ANSWERHistorically shopping was done in CBD - i.e. along Main Street - Advance of automobiles and "suburbia" Distinguish...

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  • August 5, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • FINC 371 Chapter 12
  • FINC 371 Chapter 12
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FINC 371 Chapter 12 ON FINAL EXAM QUESTIONS 100% CORRECT!!



Commercial & Industrial Land Uses - ANSWER• Shopping center development

• Office buildings

• Industrial parks

• Hotels and motels



Shopping center development - ANSWERHistorically shopping was done in CBD

- i.e. along Main Street

- Advance of automobiles and "suburbia"



Distinguishing characteristics of modern shopping centers - ANSWER- 1 or more structures of unified
architecture managed as a unit for benefit of all tenants (owners)



- Site serves a particular trade area



- On-site parking



- Facilities for deliveries separated from shopping area



- Single ownership and management




usually with a supermarket anchor,



radius of 1.5 miles that occupies 30k- 100k square feet of gross leasable area (GLA)



3 acres



Community shopping center - ANSWERCan be called "Discount Shopping Center"

, built around disc store or junior dept store



radius of 3-5 miles, that occupies 100k-300k sq ft of gross leasable area



10-30 acres



Regional Shopping Center - ANSWERbuilt w 1-2 dept stores



Open or enclosed pedestrian mall



300k-750k sq ft of gross leasable area



30-50 acres



Super Regional Shopping Center - ANSWER- Has at least 3 stores



- Gross Leasable area for tenants typically starts at 750k-1.5million sq ft



100+ acres



Variations of Centers - ANSWER-super-store



-power center



-specialty shopping center



-factory outlet center



super-store - ANSWERVery large discount store

ex: Target or Wal-Mart

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