Reinhart's Millis Comments on Big Box Property Tax Assessments, 'Dark Store Theory' in FOX6 News Segment

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Reinhart shareholder Don Millis commented on the intricacies of property tax assessments for big box retail stores in a recent FOX6 News segment.

Millis addressed some misconceptions regarding a tax strategy that has been deceptively called "the dark store theory." In particular, Millis said big box store properties are specifically branded, making resale difficult.

"The issue is what is it worth to the market, and we know when the Lowe's store goes on the market, or a Walmart goes on the market, it's going to sell for a lot less than what Walmart put into it and that's just life," Millis said.

To view the full segment, visit the FOX6 News website »

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