Showing posts from November 12, 2017

What Amazon Means for the Real Estate Market

The most recent buzz amongst almost all business outlets has been the now-confirmed rumors that Amazon will be buying Whole Foods. Although Amazon is a flourishing company that has dominated the online retail industry through a unique digital marketplace and astounding distribution innovations, many people were still shocked to hear about their next expansion. The discussion surrounding the Whole Foods purchase is filled with questions of technology, the success of similar marketplace retailers, and how this correlates to real estate. Amazon securing the ownership of Whole Foods is has many implications for the real estate market and it is important to prepare for the role that this acquisition could play.

The purchase was a smart decision on Amazon’s part, given the overlap between their consumer base. Although Whole Foods does not have rivaling retailers who offer competing prices for similar goods, they have a following of customers who tend to rank higher in terms of income and e…