From dead mall to Amazon warehouse: Here’s how shuttered retail stores are getting a new life

From dead mall to Amazon warehouse: Here’s how shuttered retail stores are getting a new life

Key Points
  • CBRE finds two dozen examples of properties across the country that were once home to retailers but now have turned — or are in the process of being turned — into industrial centers.

  • The trend is expected to gain in popularity as more stores and malls go dark, while retailers and third-party logistics providers alike are on the hunt for real estate for warehouses.

  • Some projects may by met with resistance, though.

An old Toys R Us store in Milwaukee is now home to Engine & Transmission Exchange, a remanufacturer for car parts.

Meanwhile, six dead malls across the U.S. are either in the process of being turned into or have been revamped as massive manufacturing plants and logistics hubs...
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RSK: Now this is what I am talking about. Amazon then may have a brick n mortar presence and heck the option of same day pick up or delivery.

Ken Notes: I think Amazon will eventually buy another retail presence to use for distribution... Lowes???

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- - Volume: 7 - WEEK: 6 Date: 2/5/2019 10:19:48 AM -