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LinkedIn75,000 more stores need to close across the US, UBS estimates, as online sales and Amazon grow BY LAUREN THOMAS (via CNBC.com) Kirby Hamilton | Getty Images Clothing retailers, consumer electronics companies and home furnishing businesses will need to close more stores across the U.S. as e-commerce sales proliferate, according to UBS. In a note […]
Update: Amazon Scraps Plans for New York City Headquarters Hub, Citing Political Opposition
Update: Amazon Scraps Plans for New York City Headquarters Hub, Citing Political Opposition Online Giant Says It Will Stick With Developments in Arlington, Virginia, and Nashville, Tennessee BY DIANA BELL (via CoStar) New York City’s Long Island City neighborhood, above, where Amazon plans a major staffing hub. Photo: Jayson Photography (Updated Feb. 14 to add reaction from officials […]
Investment Returns for Net Leases End Year on Flat Note
Investment Returns for Net Leases End Year on Flat Note But Fast Food and Pharmacies Remain Good Bets BY RICHARD LAWSON (via CoStar) Net lease properties like those housing Chick-fil-A stores can be attractive to small investors. Photo: CoStar Owning a building housing a fast food restaurant or a pharmacy got a little pricier last year. But all […]