We all know the economic and ecological benefits when we swap items instead of buying something new. The savings swapping provides aren’t just individuals, corporations big and small are finding ways to protect the bottom line by trading as well.
The latest example of this comes from General Growth Properties, Inc. and Macerich Co., two retail companies that have both agreed to a property swap that will benefit both companies financially. The swap is a deal which includes two malls for six big box retail spaces, where Macerich will take on ownership of two Phoenix-area malls (Superstition Springs Mall and Arrowhead Towne Center), in exchange from General Growth who will receive six retail properties whose locations include Chicago, San Diego, Tuscon, Utah and two in California.
By swapping these properties these two companies are both better off, both reaping big benefits by swapping instead of buying new. You can reap the benefits of swapping too, by adding books, movies, music and video games to your lists of haves and wants and trading today!
(Photo by Zol87 on Flickr)