Regional Mall
A regional mall is type of shopping center that provides shopping goods, general merchandise, apparel, furniture and home furnishings in full depth and variety. It is built around the full-line department store with a minimum GLA of 100,000 square feet, as the major drawing power. For even greater comparative shopping, two, three, or more department stores may be included. In theory, a a regional center has a GLA of 400,000 square feet and may range from 300,000 to more than 1,000,000 square feet. Regional malls in excess of 750,000 square feet GLA with three or more department stores are considered super regional mall. We have dedicated commercial appraiser focused on the various shopping center property types such as regional malls. Please contact us for any shopping center appraisal services.