Directionally correct. JCP might be cheaper but I think kohl’s has better locationshttps://twitter.com/EllliotttB/status/1241153733741776896 …
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Why jcp? bunch of cheap leases that double as distribution plus actual retail in the same spot I suppose
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Retail is dead. Especially that type. I don’t think those stores can be converted into fcs. The ceilings are too low. Would not be efficient. There are not enough docks. Converting brick and mortar to industrial seems borderline impossible. Correct me if wrong @(French re guy)
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