Will Amazon’s Whole Foods Purchase Be Good or Bad for Real Estate Developers?
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Regardless of how current stores will be utilized, Amazon is going to need to create new stores, and quickly.
Amazon’s purchase of Whole Foods last week sent shockwaves through the grocery industry—and now the real estate industry is fired up. The effects of this major real estate play will unfold in the coming years, and it reinforces the fact that brick-and-mortar retail is not dead. In fact, it’s the key to sustainability in this volatile retail marketplace.
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