The Internet won’t be the end of stores but it’s certainly having an impact on the retail segment of commercial real estate. How much business has online shopping sites taken away from brick-and-mortar stores? Would downtown areas look different if some $1 trillion in sales hadn’t transferred from stores to the Internet in just the last year? Since 2010, trillions of dollars in commerce have shifted away from stores you set foot in to stores you access through clicks on your computer or taps on your phone.
Of course, there’s a place for both types of commerce. A balance will be …read more
Source: Speaking of Real Estate