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Did Amazon Just Become A Mall REIT's Best Friend?

2016-02-09 21:36:25| Real Estate - Topix.net

The mall is dead! That's pretty much the mindset of many investors when they look at Internet retailers. You can understand why on many levels, but then what do you make of the fact that Amazon is rumored to be looking to expand its brick and mortar footprint? General Growth Properties' CEO shocked the book and retail world when he commented during an earnings call that Amazon was, to his understanding, looking to open as many as 400 physical book stores.

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