The retail landscape is constantly evolving, and this year's ICSC Las Vegas conference brought together industry leaders from across the board – developers, investors, leasing professionals and tenants – to discuss the future of retail. We've captured key takeaways from the conference in our latest article featuring insights from Jim Dillavou, National Head of Retail Investments, David Lewis, Vice President of Retail Leasing and Cortney Cuddihee, Vice President of Retail Construction. #ICSC
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At the recent ICSC trade group conference in Las Vegas, retail landlords showcased their dominant position in a tight property market. With historic low vacancy rates and limited new construction, tenants are scrambling for available spaces, even becoming more flexible with their requirements. Industry experts highlighted the creative strategies tenants like McDonald's and Starbucks are employing to secure locations amidst the high demand. Despite concerns over construction costs and consumer spending, optimism remains high, with retail space demand significantly increasing and expected to continue growing. Dive into the full story to learn more about the evolving dynamics in retail real estate! 🏢THE SUMMIT GROUP 👨💼DerekFoster 📞(478)750-7507 📱(478)997-1024 📧 dfoster@tsgmacon.com 🌐 thesummitgroupmacon.com #RetailRealEstate #ICSC2024 #commercialrealestate #MarketTrends #DerekFosterCommercialRealtor #derekfostercommercialrealestatebroker #thesummitgroupmacon
ICSC Floor Talk: Retail Landlords Control a Tight Property Market
product.costar.com
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Cushman & Wakefield has summarized the situation in the Polish retail market in 2023 ► https://lnkd.in/dgKe9QQ9 #commercialrealestate #propertyinvestment #realestateinvesting #realestatetrends
Polish retail market enjoys improving turnover
property-forum.eu
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Broad Reaching Strategies for Maximizing Value in Retail Properties No matter the economic climate, the formula for creating value in properties will always be a retail property owner’s best friend. That’s why Broad Reach Retail Partners, LLC uses a multi-faceted approach that includes data-driven key performance indicators (KPIs) to drive their plans of action, strategic redevelopment and ongoing budget updates that optimize net operating income (NOI). “Through focused management, leasing and discipline, we create value, and we are able to return those dividends to our partners, properties and people,” says COO Mike Castellitto. “We have seen time and time again that those who are able to make changes, explore new ideas, methods and solutions can thrive.” https://lnkd.in/dhkMtq2a Sponsored by Broad Reach Retail Partners, LLC #cre #commercialrealestate #retail #shoppingcenter
Broad Reaching Strategies for Maximizing Value in Retail Properties
https://shoppingcenterbusiness.com
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Come and learn all about Wisconsin Retail Real Estate! See below for a great list of roundtable topics! I hope to see you there!
THE voice for commercial real estate in Wisconsin at CARW - Commercial Association of REALTORS Wisconsin
Just under one month away until the Wisconsin Retail Conference! We have a great lineup of roundtable topics and presenters and continue to add more to the list! Prices go up September 1st so make sure to register this week! https://lnkd.in/gsdQupDy Expanding Restaurants - Jay Blom/Hakan Hare, Founders3 GB & Fox River Valley Market Update - Elizabeth Ringgold, NAI Pfefferle Expanding and Contracting Retailers - Fred Stallé, Mid-America Real Estate Financing in an Increasing Interest Rate Environment - Adam Newman, Landmark Credit Union Working with municipalities - Neil Stechschulte, City of Monona Madison/Dane County Market Update - Max Jacobson/Jesse Schluter Jacobson Commercial Real Estate/Wisconsin Commercial Real Estate Eau Claire/La Crosse Market Update - Stuart Schaefer/Ryan Erickson Commonweal Development Malls - Removing Restrictive Covenants, Foreclosure of ECRs by Municipalities - Wayne Adcoe, CBL Associates 3rd Ward/Downtown Market Update - Bruce Westling, Newmark Mixed Use Developments in Suburban Markets - Mark Lake, Wangard Partners Suburban Milwaukee Market Update - Isaac Berg and James McKenna, Colliers Site Selection - Russ Sagmoen, Colliers - David Knight, Associated Bank Lease Restructuring - Katie Falvey, Huron Consulting Group Deer District - Michael Belot, Milwaukee Bucks Analytics - David Semitekol, Mid-America Real Estate
CARW Retail Conference – Strong Wisconsin Brands
https://carw.com
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Upcoming retail developments can be hard to find. But they shouldn't be. Use BuildCentral's database to be the first to know about upcoming retail developments across the US. See national retail store development projections and track competitive construction easier than ever before. Now retail real estate and commercial construction industry pros can track early-stage planned retail developments across the country. See how you can easily find retail developments: https://hubs.ly/Q024ZGnS0 #construction #developments #retail
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Commercial Real Estate update (Retail) 05.30.24 The international 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 annual conference on retail wrapped up last week and the consensus overall seems to be one of 𝐨𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐬𝐭𝐚𝐭𝐞 𝐨𝐟 𝐫𝐞𝐭𝐚𝐢𝐥 𝐜𝐞𝐧𝐭𝐞𝐫𝐬 𝐚𝐧𝐝 𝐫𝐞𝐭𝐚𝐢𝐥 𝐢𝐧 𝐠𝐞𝐧𝐞𝐫𝐚𝐥 (with exceptions).....The 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬 or rather the cost of borrowing at the existing interest rates continues to delay new ground-up projects due to the associated costs thus existing 𝐨𝐰𝐧𝐞𝐫𝐬 𝐨𝐟 𝐫𝐞𝐭𝐚𝐢𝐥 𝐜𝐞𝐧𝐭𝐞𝐫𝐬 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞 𝐮𝐩𝐩𝐞𝐫 𝐡𝐚𝐧𝐝 if they have great centers with spaces for lease....𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐫𝐞𝐭𝐚𝐢𝐥𝐞𝐫𝐬 must try to secure the best locations they can find, if any, so 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐠𝐫𝐞𝐚𝐭 𝐬𝐩𝐚𝐜𝐞𝐬 is prevalent. For some, the preference is to 𝐬𝐢𝐠𝐧 𝐬𝐡𝐨𝐫𝐭𝐞𝐫 𝐥𝐞𝐚𝐬𝐞𝐬 𝐨𝐯𝐞𝐫 𝐥𝐨𝐧𝐠 for added flexibility..... 𝐑𝐞𝐭𝐚𝐢𝐥𝐞𝐫𝐬 𝐚𝐫𝐞 paying attention to consumers' shopping preferences and 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐬𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞..... Some of the “hot” retail concepts seem to revolve around 𝐞𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐭𝐚𝐢𝐥. There didn’t seem to be an increase in pet retailing but an increase in grocery retailing, health & wellness and food concepts. #retailtrends #retailrealestate #retailing #commercialrealestate #icsc #icscrecon #retailconstruction #retailland
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Interesting article on the state of retail in the downtown core, and the potential for Pacific Place as a catalyst for revival.
Why downtown Seattle needs Pacific Place to thrive - Puget Sound Business Journal
bizjournals.com
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Explore the most recent developments in the Albuquerque retail market through our comprehensive 2023 year-end snapshot of Albuquerque's retail landscape: https://bit.ly/48AqCOz To dive deeper into the retail market, check out our latest blog post here: https://bit.ly/3IeHfEH For all your retail needs and for deeper insights into the Albuquerque market, feel free to contact REA's Chris Anderson! #commercialbroker #retailrealestate #realestate #commercialrealestate
Unveiling Albuquerque’s Retail Real Estate Resilience: A Comprehensive Analysis - Real Estate Advisors
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🏢 Good retail vibrations continue to reverberate at #ICSC New York! Industry experts like JLL’s Naveen Jaggi and Kristin Mueller at the event share what the future of the retail real estate sector looks like with the promise of stable interest rates and increased availability of retail space. Read the full article: https://co.jll/3TsJlYg #ICSCNewYork #RetailRealEstate #GrowthOpportunities
Good retail vibrations felt at ICSC New York
chainstoreage.com
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Senior Director, Retail Real Estate: Expert in strategic planning, site selection, lease negotiation, and transaction management, achieving retail store development and portfolio management goals, and cost savings.
Interesting read on the current state of retail spaces! For every 2 "retail apocalypse" articles out there, there's 1 like this. According to recent data, nearly half of all retail spaces have secured a tenant within just three months of listing in the past year. This is a significant improvement compared to the past decade, where it took an average of nine months to achieve the same level of leasing activity. Check out the full article here: [Read more](https://lnkd.in/efPfY2sa) #RetailRealEstate #RetailTrends
Going, going, gone: Retail space is snapped up at a record pace
chainstoreage.com
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