Saturday 24 November 2018

How one REIT is luring online brands into brick-and-mortar stores

Macerich is trying out a new program in its malls to make it easier for e-commerce brands to open bricks-and-mortar stores. The $7 billion real estate investment trust – the country’s ninth-largest mall owner with some 51 million square feet of retail space – is cutting through the red tape of opening a store, Forbes reported. Instead of a traditional lease – where the tenant is in charge of things like hiring a broker, securing […]



source https://therealdeal.com/2018/11/24/how-one-reit-is-luring-online-brands-into-brick-and-mortar-stores/

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