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