Retail Conversions Expected to Deliver New Logistics Supply

A new report by Prologis considers the trend of converting withering retail properties to logistics properties.

By Rayna Katz | September 17, 2020 at 07:40 AM

Dying malls have a viable use case: conversion into logistics facilities, according to a new report from Prologis. This is not exactly news: such projects have long been hyped as the answer to struggling class C and class D malls. The problem was, there have been only a few successful projects.

That may be changing. Last month, the Wall Street Journal reported that Simon Property Group has been exploring with Amazon the possibility of turning some of its anchor department stores into Amazon distribution hubs.

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