Category: REAL ESTATE TERM OF THE DAY

NEIGHBORHOOD CENTER RETOTD Episode 00290

Share

NEIGHBORHOOD CENTER This center is designed to provide convenience shopping for the day-to-day needs of consumers in the immediate neighborhood. According to ICSC’s SCORE publication, a supermarket anchors half of these centers, while about a third have a drugstore anchor.…

Share

MARGINAL LAND RETOTD Episode 00286

Share

MARGINAL LAND Land whose value has been diminished due to some internal defect or external condition. In most cases, the cost to correct the flaw or condition is as much or more than the expected return from the property.

Share