The Irvine Co. is a leader in Orange County retail, with about 35 community and regional centers throughout the area, including Irvine Spectrum and Fashion Island. The firm wasone of GlobeSt.com's Thought Leadership partners during the month of May surrounding RECon. We spoke with Dan Sheridan, president of retail properties for Irvine, and got his thoughts about the firm's goals and what he is looking forward to during the ICSC Western Division Conference in San Diego in September.
GlobeSt.com: Will you see some new players enter your centers as a result of RECon?
Sheridan: One of the goals we had going into the convention was to identify retailers and restaurateurs who are not in Southern California that we think should be and try to get them the opportunities that we have at the Irvine Co. We can really deliver, essentially, the Orange County market. For those retailers and restaurateurs that see the value in that, we have a perfect solution.
GlobeSt.com: The next big conference for you is the ICSC Western Division show in San Diego in September. What are your expectations for that?
Sheridan: I expect the mood to continue to be positive. The Southern California economy is turning around nicely. There is job growth, and home prices are rising. Generally speaking, we have seen retail sales up. I expect the San Diego convention to be very productive. There is a lot of interest from food operators in shopping centers now. We saw that in Las Vegas, and I expect to see it again in San Diego. Restaurants bring more people to a center, and if you get the right mix, everything from fast casual to more fine dining, they increase center visits.
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