Report: Amazon in talks with Simon Property Group about taking department store space

Mall owner Simon Property Group Inc. (NYSE: SPG) is in talks with Amazon.com Inc. (NASDAQ: AMZN) about the e-commerce giant potentially taking department store space in its properties, according to The Wall Street Journal.

Simon, the largest mall operator in the country and the owner of the 222,000-square-foot retail center ABQ Uptown in Albuquerque, has been discussing turning the spaces into Amazon distribution hubs, according to the report. The talks have centered on former or currently occupied…

Source: The Business Journal