| Family Entertainment’s Shift From Space Filler to Retail Anchor
Fifteen or 20 years ago, a shopping center with a large family entertainment tenant could be a difficult sell. Arcades, bounce houses and other children’s entertainment concepts were often viewed as temporary space fillers, users that could absorb a large vacancy until an owner found a more traditional tenant such as a grocer, fitness operator or national retailer. For many investment buyers, it wasn’t even a question of tenant credit. The use itself could be enough to eliminate a property from consideration. “Fifteen or twenty years ago, buyers might…» |