Insights for 6-23-20

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"Within the portfolio of J.C. Penney, there are some high-quality locations that could give Amazon what I think Amazon needs right now, which is a larger physical footprint."

Tom Forte, a retail analyst with D.A. Davidson, commenting to the commercial real estate website GlobeSt.com for its report, “What an Amazon-J.C. Penney Deal Could Mean for Retail Real Estate.”