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Author Topic: Hookup between Simon Property Group, Amazon  (Read 4642 times)

Mackin USA

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Hookup between Simon Property Group, Amazon
« on: August 10, 2020, 10:03:37 AM »
Amazon and Mall Operator Look at Turning Sears, J.C. Penney Stores Into Fulfillment Centers

https://www.wsj.com/articles/amazon-and-giant-mall-operator-look-at-turning-sears-j-c-penney-stores-into-fulfillment-centers-11596992863

‘To replace department stores, mall owners considered schools, medical offices and senior living. With the current pandemic, industrial is the only thing left now.’
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Mr. Mackin

rcjordan

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Re: Hookup between Simon Property Group, Amazon
« Reply #1 on: August 10, 2020, 01:01:01 PM »
Vastly different real estate moonscape, isn't it?
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Mackin USA

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Re: Hookup between Simon Property Group, Amazon
« Reply #2 on: August 10, 2020, 02:43:08 PM »
YEPPERS

The only thing left worth investing in is residential.
Even then you must watch out for RENT CONTROLS and other Marxist ideas like rezoning.
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Mr. Mackin

rcjordan

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Re: Hookup between Simon Property Group, Amazon
« Reply #3 on: August 11, 2020, 11:16:28 PM »
Retail Chains Abandon Manhattan: ‘It’s Unsustainable’ - The New York Times
https://www.nytimes.com/2020/08/11/nyregion/nyc-economy-chain-stores.html
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Mackin USA

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Re: Hookup between Simon Property Group, Amazon
« Reply #4 on: August 12, 2020, 11:04:59 AM »
Macy's Will Close and Sell Its Downtown Seattle Store

https://www.fool.com/investing/2019/10/03/macys-will-close-and-sell-its-downtown-seattle-sto.aspx

Stores nearby also close
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Mr. Mackin

Mackin USA

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Re: Hookup between Simon Property Group, Amazon
« Reply #5 on: August 12, 2020, 11:48:00 AM »
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rcjordan

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Re: Hookup between Simon Property Group, Amazon
« Reply #6 on: August 12, 2020, 11:36:49 PM »
Early in a new trend?

REI to sell newly-completed Bellevue campus, open satellite headquarters around Seattle

https://komonews.com/news/local/rei-to-sell-newly-completed-bellevue-campus-open-satellite-headquarters-around-seattle
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DrCool

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Re: Hookup between Simon Property Group, Amazon
« Reply #7 on: August 13, 2020, 03:39:05 PM »
>>Early in a new trend?

I could definitely see this as a trend. Rather than one big headquarters have 15-20 smaller neighborhood offices around a city available for employees to use when they need to get out of the house, have client meetings, etc.. Although I love working from home it would be nice to have somewhere to go a day or two a week to get out of the house.

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