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LAS VEGAS—It wasn't your typical press meet-and-greet, perched as we were 520 feet above the Vegas strip in this town's High Roller Ferris Wheel. But then, this might be a very different RECon, and the executives of JLL, who hosted the event, are clearly aware that this is no longer your parent's retail market.

For indeed, there's been a dramatic shift in the tone of the conference even from as little as a year ago, when many of the real estate executives we spoke with expressed a clear “us-versus-them” mindset, the “them” in that equation being internet sales.

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.