international council of shopping centers Archives

Phoenix-Based Vestar earns gold From ICSC

by in AZRE Magazine | Newsmakers

Vestar, one of the leading privately held real estate companies in the western United States, was a winner of a 2017 U.S. MAXI Award from the International Council of Shopping Centers (ICSC) at the organization’s RECon 2017 conference in Las Vegas.  Vestar received a Gold Award in the Traditional Marketing category for its “Shop &… Read More →

NAI Horizon promotes Gabe Ortega to senior vice president

Gabe Ortega
by in AZRE Magazine

NAI Horizon promoted a member of its retail division, Gabe Ortega, to Senior Vice President. Ortega joined NAI Horizon in 2001. His expertise includes retail/restaurant leasing; and retail/restaurant property acquisition and disposition. Ortega is an active member in the International Council of Shopping Centers (ICSC) and was ICSC Phoenix Next Generation Program Planning Committee Chair from… Read More →

Federal ADA reform must be top priority in Congress

ada non-compliance
by in AZRE Magazine

A law that was meant to break down barriers is increasingly being used by unscrupulous attorneys to threaten business owners over alleged minor violations of the Americans with Disabilities Act (ADA). Arizona is ground zero for this “cash for compliance” phenomena that incentivizes the practice of suing local shopping centers, theaters, stores and restaurants and… Read More →

Levrose Commercial Real Estate expands retail team

by in AZRE Magazine | Newsmakers

Levrose Commercial Real Estate/TCN Worldwide announced the expansion of its retail team with the addition of veteran retail broker Danielle Davis. Danielle originally joined Levrose Commercial Real Estate in 2007 to focus on Landlord and Tenant Representation in Downtown Scottsdale. She rejoins the Levrose team to focus on Landlord representation valleywide. She joins Peter McQuaid,… Read More →

NAIOP retails it like it is

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

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

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

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

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

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

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 →