Archives for the ‘Industry News’ Category

CBRE Sells Delray Beach Showroom/Office/Warehouse To Real Estate Investor

CBRE Senior Vice Presidents Tom O’Loughlin and Larry Genet represented the buyer in the purchase of a ±58,250 square foot showroom/office/warehouse located at 777 Congress Avenue in Delray Beach.

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Amazon Investing $800M This Year To Make 1-Day Shipping Its New Standard

Amazon‘s standard of two-day shipping set off an arms race among major retail supply chains, and it might be starting all over again.

The e-commerce behemoth will be spending $800M this year alone to bring its standard free shipping time for Amazon Prime members down from two days to one, Retail Dive reports. One-day shipping is already available to members in certain high-density areas in North America, but Amazon seeks to make it the company’s global standard as soon as possible, Chief Financial Officer Brian Olsavsky told analysts in a Thursday conference call.

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Marijuana Dispensaries Present High Risk, High Reward For Landlords

Landlords who rake in rents from medical marijuana dispensaries may put their commercial bank accounts and title insurance at risk, according to cannabis real estate experts.

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