Posted by: regidk April 3, 2018
Login in to Rate this Post:
0 
? 
?
Amazon is destroying Trump's business. Number of empty retail spaces are highest in 6 years...Which means, Trump Tower is less valuable for renters since they can choose among many empty spaces...May be that is why he's angry at Amazon...
A report from Reis, Inc., said the vacancy rate at regional malls increased only minimally — to 8.4% from 8.3% in Q4 2017 — but that the 435,000 sq. ft. of net absorption was the lowest for any quarter in more than five years.
This came despite the fact that the completion of 712,000 sq. ft. of new shopping center space fell well below current trends. The quarterly average for new construction in 2017 was 3.1 million sq. ft.
Neighborhood and community shopping centers in 41 of the 77 metropolitan areas surveyed by Reis also saw an uptick in vacancies during the 12 months ending on March 31.
https://www.chainstoreage.com/real-estate/report-mall-vacancy-rate-highest-six-years/
The tweets --
I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!
Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field!
A report from Reis, Inc., said the vacancy rate at regional malls increased only minimally — to 8.4% from 8.3% in Q4 2017 — but that the 435,000 sq. ft. of net absorption was the lowest for any quarter in more than five years.
This came despite the fact that the completion of 712,000 sq. ft. of new shopping center space fell well below current trends. The quarterly average for new construction in 2017 was 3.1 million sq. ft.
Neighborhood and community shopping centers in 41 of the 77 metropolitan areas surveyed by Reis also saw an uptick in vacancies during the 12 months ending on March 31.
https://www.chainstoreage.com/real-estate/report-mall-vacancy-rate-highest-six-years/
The tweets --
I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!
Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field!