June 26, 2017
America is over-malled, but not enough warehouses to support Amazon
America is over-malled, but not enough warehouses to support Amazon June 23, 2017 | by Lauren Thomas | CNBC America has too many malls. It’s a problem that has vexed Wall Street …

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America is over-malled, but not enough warehouses to support Amazon

June 23, 2017 | by  | CNBC

America has too many malls.

It’s a problem that has vexed Wall Street and is an even darker cloud hanging over stocks known as real estate investment trusts, or REITs, which are the landlords for much of America’s retail properties.

As sales by internet retailers grow, though, there could be one class of REITs poised to benefit, Jefferies analyst Jonathan Petersen wrote in a note to clients Friday.

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