Property Management
In Michigan, a 'tenant mix strategy' for a shopping center involves:
ARandomly selecting tenants as they apply
BStrategically selecting tenants whose businesses complement each other and draw customers to the center✓ Correct
COnly signing anchor tenants
DMaximizing the number of tenants regardless of their business types
Explanation
Tenant mix strategy involves selecting tenants that complement each other—creating synergies that attract and retain customers. For example, a grocery anchor with adjacent pharmacy, bank, dry cleaner, and restaurant creates a one-stop shopping center in Michigan markets.
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