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Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
Consumer confidence remains key in shaping these trends.
Some stores are being used for last-mile delivery for online purchases.
Industrial vacancy stands at 6.6% while retail vacancy is 4.5%.
Mall visits showed a sizable bounce-back from September.
Burger King’s rightsizing efforts are also paying off with increased visits.
Amazon wants to create one-stop locations to be more competitive.
It's a far cry from the retailer's “third-place” vision.
The portfolio includes 93 high-quality, grocery-anchored retail properties.
But other firms are vying for the deal too.
The two largest companies will either merge or consider other chains.