It seems as though Amazon is in the headline of every news story, from their acquisition of Whole Foods to the hunt for their next headquarters location, this company is making big moves that will result in big changes for the commercial real estate industry.
Experts have predicted that Amazon will utilize Whole Foods stores as hubs for grocery pick-up and delivery, resolving the “last mile” issue. The $13.7 million acquisition has the potential to completely change the grocery industry. This deal presents an opportunity for retail real estate investors because it underscores the vital role of brick-and-mortar stores in the future of the retail sector.
