The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates.
READ ALSO: Retail Crisis Hits Small Shops the Hardest
With demand for logistics real estate rising, it’s no surprise that some commercial real estate industry owners are considering converting struggling retail properties into distribution sites. But the retail-to-logistics trend is expected to be slow and ultimately involve only a small number of conversions, with malls and freestanding retail locations providing the best opportunities...
RSK: This article nails it! There are 4 main challenges to re-purposing retail into distribution and other uses.
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- - Volume: 8 - WEEK: 39 Date: 9/22/2020 9:14:44 AM -