Property Management
What is an 'anchor tenant' in commercial property management?
AThe tenant who has been in the building the longest
BA large, well-known tenant whose presence attracts customers and other tenants to a shopping center or commercial complex✓ Correct
CA tenant who has anchored their lease with a large security deposit
DThe property owner's primary tenant
Explanation
An anchor tenant is a large, nationally known retailer or business (like a supermarket, department store, or major employer) that draws customers and foot traffic to a commercial center, making the center more attractive to smaller tenants.
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