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Excerpt from Practical Guidance

Expert Analysis

Navigating The Amazon: Retail Leases Must Evolve

By S.H. Spencer Compton and Diane Schottenstein (September 12, 2017, 4:49 PM EDT) -- Every real estate industry headline today seems to trumpet the decline of retail leasing and the advent of e-commerce: the so-called "Amazon effect." See Matthew Flamm, "Amazon and High Rents are Killing New York City Retailers," Crain's, Jan. 23, 2017; Mark Blinch, "What in the World Is Causing the Retail Meltdown of 2017?," The Atlantic, April 10, 2017. One recent article recounts the impact of Amazon on traditional retailers such as Walmart and concludes that:...

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