Take your career to the next level with the latest innovations and advancement in CRE technology, employment and professional development

GlobeSt logo

The Professionals’ Choice for Real Estate Jobs

Death by Amazon

No investor has as much money in Amazon as its founder, Jeff Bezos. Since its inception the company pays no dividends, but just plows cash back into the company’s core. Returns? $83,00 if you invested $1,000 in Amazon in July 2002 compared to $4,100 for the same $1,000 invested in Standard and Poor’s 500-stock index. Amazon’s wealth creation machine has caused Bespoke Investment Group, a stock market research firm, to build the Death by Amazon Index to track the performance of the companies most affected by the rise of amazon.com. According to The New York Times, 54 companies, many of real estate’s prime ‘anchor tenants,’ are on the list, including Barnes & Noble, Costco, Best Buy, GameStop, Macy’s Nordstrom, Sears, Target, CVS/Caremark, Rite Aid and Walmart. Will grocery stores soon be added to the index? Wonder if real estate deals’ cash flow and leasing projections will soon add a ‘Death by Amazon’ factor?

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

About the SelectLeaders Real Estate Job Network

SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC

All Top Talent Brief