Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Neighborhood Center (retail)

Provides for the sale of daily living needs of the immediate area. Typical area is 30,000 to 150,000 square feet with at least one anchor tenant.

Source: NCREIF | Date: 29 April 2020 | ID: D0549 | Version: 2