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Thursday, September 17th, 2020

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Posted by: | Posted on: September 17, 2020

Retail Conversions Expected to Deliver New Logistics Supply

Dying malls have a viable use case: conversion into logistics facilities, according to a new report from Prologis. This is not exactly news: such projects have long been hyped as the answer to struggling class C and class D malls. The problem was, there have been only a few successful projects.

That may be changing. Last month, the Wall Street Journal  reported that Simon Property Group has been exploring with Amazon the possibility of turning some of its anchor department stores into Amazon distribution hubs. 

In short, the tide may finally be turning for these projects, the Prologis report finds.

“COVID-19 has brought more than five years of evolution in the retail landscape into less than five months of time,” said the report, which evaluated the possibilities for—and obstacles to—conversion from retail to logistics. At the same time, the report continues, “Increased demand for high quality and infill logistics

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Posted by: | Posted on: September 17, 2020

No Time for Slime: How To Get Rid of Snails and Slugs

Fans of the Nickelodeon cartoon “SpongeBob SquarePants” will remember the adorable pet snail, Gary. But snails and slugs all over your home garden and patio? Not so cute. They can seriously put a damper on your outdoor paradise by leaving shiny slime trails around your home and unsightly holes in your plants.

“Generally, snails are not harmful to your property, but they can be very damaging to one’s garden,” says Ric Bessin, extension entomologist for the University of Kentucky. “Besides feeding on plants with their rasping mouthparts, they also leave silvery trails on plants and other surfaces, which can be aesthetically displeasing.”

Both of these soft-bodied mollusks aren’t a danger to humans, but they can be a nuisance, especially if they start an infestation around

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Posted by: | Posted on: September 17, 2020

Home-Builder Confidence Soars to All-Time High Despite Rising Material Costs

The numbers: Home builders are more confident about the state of their industry than ever before as foot traffic of prospective buyers continues to improve, according to research from a trade group released Wednesday.

The National Association of Home Builders’ monthly confidence index rose five points to a reading of 83 in September. The index reading was the highest on record in the 35-year history of the data series, surpassing the previous month’s record high.

“The suburban shift for home building is keeping builders busy, supported on the demand side by low interest rates,” Robert Dietz, chief economist for the National Association of Home Builders, said in the report. “In another sign of this growing trend, builders in other parts of the country have reported receiving calls from customers in high-density markets asking about relocating.”

Index readings over 50 are a sign of improving confidence. The index had fallen below

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