Shopping Centers Today

MAY 2017

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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Page 83 of 227

82 S C T / M A Y 2 0 1 7 S T O R E F R O N T S Amazon effect Retailers are positioning themselves as the online giant's brick-and- mortar ambitions unfold By Joel Groover S peculation about the real estate role of is growing as more information emerges about its closely held plans for U.S. stores. In metro Houston, to cite one market, brokers watch the local headlines for scoops on the Amazon rollout, and they tend to share any tidbits they happen to run across in the field, says Jason Baker, co- founder of Houston-based brokerage firm Baker Katz, a member of X Team International. "I've been impressed with the way Amazon has kept its real estate plans quiet," Baker said. "They're evidently working Amazon CEO Jeff Bezos has the benefit of not being too beholden to Wall Street, experts say

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