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Anchor properties are large, well known stores or chains that tend to bring credibility and foot traffic to a shopping center. They often sign long term leases and account for a significant percentage of the overall rental income. They are also a major draw for other businesses seeking to attract the shoppers and convert them to sales. If a retail property loses its anchor tenant, the vacancy rate can climb quickly, especially if they are large, national companies. The downfall of Sears left a lot of vacant space nationwide and some re
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