Muirfield Investment Partners

Adaptive Reuse & Redevelopment in action and at scale. Amazon.com is reclaiming premium location value from failed malls by redeveloping them into distribution centers to suit the needs of the evolving consumer landscape. This is a prime example of 'higher and better use'.

Check out how Amazon.com is converting out-dated retail space into distribution centers in this video from The Wall Street Journal.

https://on.wsj.com/2E7nsWW

Why Amazon Is Gobbling Up Failed Malls As the decline of brick and mortar retail rolls on, commercial real estate developers are left with massive abandoned properties. Who will fill that underutilized space? A series of recent acquisitions by associates of Amazon in Northeastern Ohio provides some clues.

Here’s a table comparing Adaptive Reuse & Redevelopment to Ground Up Development.

Find out more about the benefits of Adaptive Reuse & Redevelopment in our latest report.

https://lnkd.in/gb9nEFi