In a research report, San Francisco-based real estate investment trust Prologis Inc. (NYSE: PLD) says there are significant headwinds involved in converting retail space to logistics throughput centers.
COVID-19 has forced many traditional brick-and-mortar retailers to further adopt e-commerce solutions, with many looking to transform existing retail stores with low foot traffic into digital fulfillment centers.
However, the report suggests that retail conversions “will be small, amounting to...
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