Retail recession also hits shopping-center owners

04/14/2009 | Washington Post (tiered subscription model), The

Many shopping-center landlords aren't prepared to cope with the financial devastation of an anchor store going vacant or bankrupt. There is always the threat of a snowballing effect because tenants often are allowed to break their leases or get rent reductions if a major tenant leaves.

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Washington Post (tiered subscription model), The

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