Amazon Gobbling Up Failed Malls Across America for Dirt Cheap (Video)

by FS

May 10, 2019 – The success of Amazon and e-commerce helped to bring them down. Now, Amazon is taking advantage of the empty malls around the U.S. by turning them into strategically-located distribution centers at the heart of many suburban neighborhoods.

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“You’ve got a lot of vacant land sitting there that’s not generating taxes for the county. You’ve got a property of that size abandoned and not being used, it’s a problem,” says Gregory Huth. That’s where Amazon comes in to offer a deal that’s a win-win for many local counties and Amazon itself since mall properties come with a range of major benefits.

The Wall Street Journal covers this major shift in the brick-and-mortar retail space and looks at how many places around the country Amazon is swooping in.

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