IDEAS home Printed from https://ideas.repec.org/a/taf/rjerxx/v38y2016i1p27-58.html
   My bibliography  Save this article

Chain Affiliation, Store Prestige, and Shopping Center Rents

Author

Listed:
  • François Des Rosiers
  • Marius Thériault
  • Jean Dubé

Abstract

In this study, we examine whether, and to what extent, chain affiliation within regional and super-regional shopping centers affects store rent levels. The rent impact of chain affiliation is assessed in interaction with store prestige. Our database includes 1,367 retail leases in the 2000–2003 period for 11 regional and super-regional shopping centers in Montreal and Quebec City, Canada. The findings suggest that, when compared with independent and local chain-affiliated stores selling low-end goods, middle and high-end goods chain stores operating at upper levels of affiliation are charged a rent premium. Such a profit-sharing scheme between major, high-end chain stores and mall owners, it is argued, will occur under a regulatory environment that limits the local supply of top retail space.

Suggested Citation

  • François Des Rosiers & Marius Thériault & Jean Dubé, 2016. "Chain Affiliation, Store Prestige, and Shopping Center Rents," Journal of Real Estate Research, Taylor & Francis Journals, vol. 38(1), pages 27-58, January.
    • Handle: RePEc:taf:rjerxx:v:38:y:2016:i:1:p:27-58
    DOI: 10.1080/10835547.2016.12091437
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10835547.2016.12091437
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10835547.2016.12091437?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjerxx:v:38:y:2016:i:1:p:27-58. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjer20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.