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May 1, 2012

The Risks and Rewards of Dry Cleaners

By Nicole TK Moore, REPA

Published in Shopping Center Business

Dry cleaners are often anchors or prime tenants in shopping centers.  While  dry  cleaner tenants  may  be  a  draw  for  other businesses,  the  presence  of  one  can expose  the  shopping  center  owner  to significant  environmental  risk.  Dry cleaners  have  historically  used hazardous  chemicals  and  are  a common  source  of  pollution.    There are  many  steps  a  prospective purchaser  of  a  shopping  center  can take to help minimize their risk.

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