The following are some rapid reactions from the floor of the ICSC conference in Boston:

  • More attendance than last year.
  • People liked going back to the old venue.
  • Strong attendance at the “retail runway” – new tenants entering into new england - 
  • high optimism amongst owners, investors, brokers etc.
  • Only negative came from Mortgage brokers who have seen business slow down due to perception interest rates will rise.
  • Still lack of product in the Boston metro area.
  • Everyone is looking for more listings.
  • Lots of activity on the tenant and brokerage side.
  • Net lease investors are expanding their criteria due to low supply.
  • Lesser credit deals are becoming more acceptable.
  • Industrial properties are becoming more popular.
  • Even though interest rates may rise soon – the belief is cap rates will continue to compress in the near term.

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