“Nacho” Average Anchor – Food Halls and Entertainment Uses in the Modern Shopping Center

This seminar will explore the evolved (and evolving) blend of unconventional uses in today’s shopping center and will detail the many different ways for an owner or operator to structure them. The discussion will first focus on the appeal and necessity of service-oriented uses, as well as some of the obstacles to getting there. In addition to barriers to entry found in other tenants’ leases (and other contracts), the cost structures for these uses tends to be higher (with the operators often having less available capital), so we will explore creative structures to consider in order to advance these choices.