international council of shopping centers Archives

NAIOP retails it like it is

Arm and shopping bags_8949825_xl

NAIOP, a commerical real estate development group, has historically focused on industrial and office sectors. However, the national organization is extending its membership benefits to more obviously include retail developers and similar commercial professionals. “The organization really started shifting gears more than 10 years ago,” says Thomas Bisacquino, CEO of NAIOP. “It was in 2005… Read More →

ICSC RECon 2014: Retail poised for expansion

X Team booth, courtesy of Velocity Retail

The 2014 ICSC event in Las Vegas has successfully wrapped up, and initial reports are that the retail industry is poised for continued expansion. The attendance was up from last year with the attendee count reaching close to 40,000. Having experienced the last 5 years of our annual convention during the economic downturn, this year… Read More →

RECon 2014 to address retail market trends

USA Place, the new headquarters in Tempe for USA Basketball, will feature 180,000 SF of retail – including a grocery store on this corner. Cushman & Wakefield of Arizona has the retail leasing assignment.

The good news for the Metro Phoenix retail market as 2013 ended was that net absorption topped 3 million square feet, up from 2.7 MSF in 2012. Some of that momentum has carried over as vacancy in the Valley in 1Q 2014 declined 70 basis points over the same period last year to 10.3 percent.… Read More →

The Magic’s in the Makeup: The Shopping Centers of the Past Are the Future

metrocenter, WEB

From fresh paint to new market positions, shopping centers are pumping in deferred dollars to greet the returning retail dollars. “When things stay the same, that’s scary,” says Stan Sanchez, president and partner of De Rito Partners, about the shift in the Arizona shopping center marketplace. “There’s no doubt that location, location, location is still… Read More →

ICSC Member Profile: Traci Russell

TraciRussell, WEB
by in AZRE Magazine | Business News

Traci Russell VP of Brokerage and Retail Services CBRE Years with company: 2 Years as ICSC member: 12 What is the biggest issue facing shopping center real estate? Some of the major issues shopping centers face today are lack of new tenant concepts, rightsizing of prototypes, storefronts and reconfigurations. While this list might look long… Read More →

ICSC Member Profile: Jim Edwards

jim_edwards, WEB
by in AZRE Magazine | Business News

Jim Edwards Senior Associate Velocity Retail Years with company: 1 Years as ICSC member: 7 What is the biggest issue facing shopping center real estate? While the Phoenix market is improving, vacancy rates are declining, and leasing activity is up, we still have an abundance of vacant big boxes. More than 275 big boxes are… Read More →

Jon Cowen Joins SRS Real Estate Partners

JonCowen, SRS-CUT
by in Newsmakers

SRS Real Estate Partners hired Jon Cowen as senior vice president in the Phoenix office. A well-known name in the Arizona market, Cowen brings a wealth of experience and relationships to SRS. He will focus on representing local and national retailers, shopping center leasing and development and investment sales. Cowen has more than 24 years… Read More →

Retail: It’s a New Reality

by in Featured | Small Biz

As municipalities all across Arizona have seen their general funds strongly impacted over the last several years due in part to significant drops in sales tax revenue, the importance of a vibrant/strong retail sector has once again taken on a prominent role. With Arizona cities in some instances relying on retail sales taxes for up… Read More →

ICSC, Jones Lang LaSalle To Issue Global Research Study

ICSC - Jones Lang LaSalle
by in Business News | Events | Investment | National

The International Council of Shopping Centers (ICSC) today reported that in conjunction with Jones Lang LaSalle (JLL), a financial and professional services firm specializing in real estate services and investment management, it would release findings at the 2012 ICSC Retail Real Estate World Summit in Shanghai from a groundbreaking multinational study that examines the evolution and… Read More →

SRS Names Alan Houston A 1st VP Of Its Phoenix Office

by in Business News | Newsmakers

SRS Real Estate Partners named Alan Houston as a first vice president in the Phoenix office. Alan Houston brings with him nearly 20 years of commercial real estate experience and relationships throughout major markets across the south central and southwestern U.S. Alan Houston has been actively involved in acquisition, disposition, development, land brokerage and the completion of more… Read More →

November Seminar Events

November Seminar Events
by in Seminars

November Seminar Events Arizona Multihousing Association 2011 Perspectives and Projections Conference Nov. 10, 8 a.m. – 1 p.m. 100 N. 3rd St. Phoenix At the Phoenix Convention Center’s south building, industry experts will answering questions geared toward the multihousing industry — including where the market is headed, how current inventory is being financed, who’s buying… Read More →

The Future Of Shopping Centers


In the U.S. and around the world, the recession is forcing shopping center developers and retailers to re-think the design of the places where we spend our money. Some say the very nature of shopping has changed. Recently the International Council of Shopping Centers held a meeting of its North America Research Advisory Task Force… Read More →

Mega Retailers Provide Optimum Outdoor Opportunities

Mega Retailers

Gone Fishing Mega retailers provide optimum outdoor opportunities, but how do cities lure them here in the first place? By Mica Thomas Mulloy Glendale and Mesa may as well be bringing amusement parks into their respective towns. Upcoming additions to the cities are expected to draw millions of visitors each year—many traveling from hours away—and… Read More →