One of the biggest to hit retail real estate in decades is having a significant effect on retailers' logistics and distribution networks. Lifestyle centers - typically 150,000 to 575,000 square feet in size - are vibrant, upscale, Main Street style shopping areas with aesthetic extras such as plazas, fountains, decorated walkways, and landscaping. They are often located in affluent zip codes. Lifestyle centers offer customers a shopping experience through a combination of fashion, home goods, food, entertainment and services, including destination spots such as high-end restaurants. This strategy is paying off for both retailers and real estate developers.
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