Universal feedback: the new location was a 100% improvement and ICSC may already be reserving more space for next year. The NY show was very well attended with a lot more 'vibe' than previous years because of the improved economic climate.
Developers actively seem to be picking up with lots of folks looking for pricing guidance and asking for opinions as it relates to cap rate compression and what/when will interest rates will rise. There was tons of 1031 exchange activity at the show will lots of investors looking for suitable replacement properties.
The venue and conference hall layout had a "mini RECON" feel, which added to the excitement and productivity. The new venue encouraged more exhibitors and resulted in better exposure and meeting places for the record 9,600 attendees.
Net lease was a popular topic among developers, investors, and brokers as everyone looks ahead to a strong 2015. The ICSC Deal Making floor was once again a great venue to interface with clients, partners, and prospects to discuss current projects and review opportunities across the industry and within portfolios.
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Jonathan Hipp
Jonathan Hipp began his career in real estate over 25 years ago. In his early years as a broker, he ventured into the net lease industry and quickly began leading the US net lease market, closing over $3 billion in transactions. In 2005, Jon founded Calkain Companies, a company focused solely on net lease investment services. As President and CEO, he has been instrumental in building the firm into one of the leading Net Lease real estate companies, transacting over $12 billion of net lease deal volume over the past 13 years. He has expanded Calkain’s services to include brokerage, advisory, asset management, capital markets, and industry research. He has become a well-known resource, panelist, and speaker at various Net Lease and Industry conferences and is a regular contributor to GlobeSt.com on real estate trends. In June 2015, Jon’s passion for the real estate business was again recognized as he was nominated for the Top Real Estate Player in the DC area by SmartCEO magazine.
