Search
 

Are We Facing a Shrinking Demand for Space in Malls?

LAS VEGAS—According to Avison Young's Derrick Moore, we should expect a lot of talk about that question at this weekend's ICSC RECon event in Las Vegas.

By Natalie Dolce | nataliedolce | Updated on May 18, 2017

Derrick Moore, principal of urban retail properties at Avison Young Derrick Moore, principal of urban retail properties at Avison Young

LAS VEGAS—“I’m expecting another strong turnout amongst our industry professionals. A lot will be discussed regarding the changing face of America’s malls and the tenant mix now occupying space in former box stores. Restaurants will be front and center in much of those discussions.”

Those thoughts were according to Derrick Moore, principal of urban retail properties at Avison Young. In preparation for the upcoming ICSC RECon event in Las Vegas this weekend, Moore tells GLobeSt.com that the main buzz or talk at the event will likely be about the impact of omni-channeling and internet sales on brick-and-mortar real estate requirements. Additionally, he says, there will be a lot of talk regarding the question: Are we facing a shrinking demand for space in malls and Urban retail?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.