LAS VEGAS—Which retail groups have open to buy? What are their strategies going forward? Those are just a few of the many questions Anne Mastin, EVP of retail real estate at Steiner + Associates, hopes to answer at the upcoming ICSC RECon conference in Las Vegas.
“Our ultimate goal is always to curate the very best retail, restaurant and entertainment users for our projects,” she tells GlobeSt.com, adding that she is excited to see innovative concepts, first to markets and high performers.
For Barbara Armendariz, president of SharpLine Commercial Partners, she worries about retailers being hesitant to execute deals to expand in today's environment. “There continues to be political uncertainty and high rental rates which both contribute to the lack of retailer confidence,” she tells GlobeSt.com. “Many retailers are in a holding pattern for expansions while they refine their business strategy in order to make sure that next steps are well thought out and deliberate.”
Her firm, SharpLine Commercial Partners will be working on setting up meetings with deep discount retailers, restaurants, and fitness companies at RECon. “They are more immune to internet disruption,” says Armendariz. “You can't buy deep discount inventory, or eat a meal, or lift weights or take group yoga classes online.”
Retail is in a transition, says Hessam Nadji, CEO of Marcus & Millichap. “Convenience retail is doing fantastic. Discount retail is doing great. Don't paint a product type with the same brush,” he said at the recent RealShare L.A. event.
Stay tuned for many more thoughts from experts we are speaking with who will be attending the upcoming conference in Las Vegas.
LAS VEGAS—Which retail groups have open to buy? What are their strategies going forward? Those are just a few of the many questions Anne Mastin, EVP of retail real estate at Steiner + Associates, hopes to answer at the upcoming ICSC RECon conference in Las Vegas.
“Our ultimate goal is always to curate the very best retail, restaurant and entertainment users for our projects,” she tells GlobeSt.com, adding that she is excited to see innovative concepts, first to markets and high performers.
For Barbara Armendariz, president of SharpLine Commercial Partners, she worries about retailers being hesitant to execute deals to expand in today's environment. “There continues to be political uncertainty and high rental rates which both contribute to the lack of retailer confidence,” she tells GlobeSt.com. “Many retailers are in a holding pattern for expansions while they refine their business strategy in order to make sure that next steps are well thought out and deliberate.”
Her firm, SharpLine Commercial Partners will be working on setting up meetings with deep discount retailers, restaurants, and fitness companies at RECon. “They are more immune to internet disruption,” says Armendariz. “You can't buy deep discount inventory, or eat a meal, or lift weights or take group yoga classes online.”
Retail is in a transition, says Hessam Nadji, CEO of Marcus & Millichap. “Convenience retail is doing fantastic. Discount retail is doing great. Don't paint a product type with the same brush,” he said at the recent RealShare L.A. event.
Stay tuned for many more thoughts from experts we are speaking with who will be attending the upcoming conference in Las Vegas.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
