Given unraveling retail rents, a J.C. Penney REIT might be a tough sell in this environment. But the chain’s stores might become a goldmine for Amazon.
In this episode of NREI's Common Area podcast David Bodamer speaks with Kevin Wayer, CEO of the public sector and higher education group at JLL. Wayer outlined some of the specific challenges facing higher education institutions and the ways they are increasingly relying on real estate services firms to manage facilities and monetize assets.
The Centers for Disease Control and Prevention (CDC) lists recommendations for American employers reopening their offices, reports The New York Times. U.S. consumer spending fell a record 13.6 percent in April, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
