“The idea that stores are dead has been proven to be a fallacy,” said Michael Baker, an analyst for D.A. Davidson who has covered U.S. retailers for over two decades.
Logistics player GLP is preparing an IPO for its investment arm in 2022, reports The Wall Street Journal. Developers are taking a second look at vacant mills, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.