Retail N Illinois
Woodfield Mall in Schaumburg, Illinois.

Anchors away: Are these malls in danger?

Ever since the mid to late 20th Century when modern malls were first developed, anchor tenants have controlled much about how these retail centers operate. Leveraging the foot traffic that they draw in, for example, anchors have historically enjoyed nominal rents that are a fraction of the per-square-footage rate that smaller, in-line tenants pay.