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Simon Property, Amazon reportedly consider logistics deal

Simon Property Group and Amazon have been exploring a scenario in which some spaces that are currently or were formerly occupied by Sears or J.C. Penney stores could be converted into distribution hubs, sources say. A potential deal would not only illustrate the demand e-commerce is generating for logistics space but also mark a shift in the traditional business model for malls.

Full Story: The Wall Street Journal (tiered subscription model) (8/9)

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  Auctus Investment Group, 2018                              DRE# 01072454

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