Grocery store-anchored or not, the throwback shopping centers appeal for proximity, convenience.
Jonathan Moukhtafi, a chiropractor in Coconut Creek, Fla., isn’t big on spending time at shopping malls. But he finds himself going most every week to the Coral Creek Shops.
“My bank is there, my wife’s hair stylist is there, I send packages from there,” said Mr. Moukhtafi, who lives less than a mile away. “Things are close, I like that.”
While many stock-market investors have soured on the mall experience, some are still flocking to a more mundane type of retail: strip centers and grocery store-anchored shopping centers.