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E-commerce companies require, on average, triple the amount of logistics property space as brick-and-mortar retailers, according to Prologis Inc., a real estate investment trust.
"Fox Hill Business Park is really emblematic of our brand," Brian Sudler, principal at New Jersey-based Sudler Companies, said about a planned new business park in Greenville, South Carolina.
Big-box industrial facilities face challenges and changes during the fluid COVID-19 situation, though the sector should remain stable in 2020, according…
Perhaps the most important consideration is that these retailers are a hedge against impacts beyond landlord control including chain store consolidation, and those chains were already having difficulty, says David Greensfelder.
While transaction volume and liquidity have fallen, Real Capital Analytics Senior Vice President Jim Costello wrote, it would be "wishful thinking" to expect that the shift in buyer expectations alone will lead to a decline in price.