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As retailers and manufacturers increase safety inventories and diversify supply chains, strategically located distribution centers will continue to be vital.
Already high vacancy rates are expected to rise as restrictions tighten, but some indicators still point to the possibility of a healthy holiday shopping season.
NRF expects that online and other non-store sales will increase between 20% and 30% to between $202.5 billion and $218.4 billion, up from $168.7 billion last year.
Lincoln Property Company recently assumed leasing and management of Preston Park, its third partnership with TerraCap in DFW following the assignments of The Addison in 2018 and Preston Park Towers.