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Into the Great Wide Open: Why open-air centers are one of CRE’s shining stars

The Weekly Take from CBRE

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The Importance of OpenAir in the Economy

Grocery is emerging as an e-commerce brand, but it's most often fulfilled in store. The labor cost of trying to do last mile from a distribution facility is just impossible to overcome. Third party delivery and curbside pickup have both grown. Having those stores in place at a nice, steady cost makes it more cost effective for that e-commerce to operate.

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