As Beale sees it, the biggest mistake landlords make is they don't look at how the tenants impact the shopping center. Balance is important.

“Overutilizing high-use tenants in shopping centers is a common mistake,” he says. “A landlord might build too many restaurants that have too few parking spaces, leading to frustrated customers and a loss in revenue.”

The ideal shopping center, he argues, leverages a healthy mix of entertainment and exciting new restaurant concepts. Amenities like a movie theater or arcades have become essential, while dining has shifted from franchise-heavy offering to more unique, chef-driven experiences.

“Celebrity chefs and local farm-to-table options have also been making waves in the market,” he says. “As e-commerce and shifting consumer trends continue to pressure malls and shopping centers to adapt, it is more important than ever to find retail tenants that fit the complete vision for the shopping center.”