Good morning, investors! In today’s commercial real estate, Dick’s Sporting Goods grows while other retailers shrink, a guide to investing in REITs for retirement, and a rising demand for data centers.
Not all retailers are struggling. Dick’s Sporting Goods has plans to open five new store in the month of March, or approximately 180,000 sq. ft. of retail space. Locations include Queens, New York and Hinesville, GA.
A handy guide to investing in real estate investment trusts for retirement. REITs add diversification to a portfolio, without the extra work associated with being a landlord. They are also mich more liquid than owning physical real estate. When done right, REITs can supply investors with a steady income over time.
Data centers are a hot commodity for businesses and investors right now. More data center are speculated to be needed in 2017 than in the last several years. The rising use of cloud computing by companies big and small is pushing the demand.