A census tract is a geographic region defined for the purpose of taking a census, which is typically delineated by the U.S. Census Bureau to capture detailed demographic data about residential areas.
Merchandise mix refers to the combination and variety of stores and types of merchandise offered in a shopping center, aiming to meet consumer needs and drive foot traffic.
A shadow anchor tenant is a large, well-known retail store near or adjacent to a shopping center's inline stores but is not a tenant of the shopping center itself. This store generates significant foot traffic to the neighboring retail spaces within the shopping center, resembling an anchor tenant in function without contributing rental income to the shopping center.
