America is over-malled, but not enough warehouses to support Amazon
June 23, 2017 | by Lauren Thomas | CNBC
America has too many malls.
It’s a problem that has vexed Wall Street and is an even darker cloud hanging over stocks known as real estate investment trusts, or REITs, which are the landlords for much of America’s retail properties.
As sales by internet retailers grow, though, there could be one class of REITs poised to benefit, Jefferies analyst Jonathan Petersen wrote in a note to clients Friday.
Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.