Clapp, John; Bardos, Katsiaryna; Zhou, Tingyu - In: The Journal of Real Estate Finance and Economics 48 (2014) 1, pp. 16-56
We analyze the determinants of expansions and contractions of shopping centers using a unique dataset of property level … data for shopping centers in eleven metropolitan areas over the period from 1995 through 2005. We find that shopping … square foot increases the likelihood of expansion and decreases the likelihood of contraction. For small shopping centers the …