GlobeSt.com is providing wall-to-wall coverage of ICSC's RECon show in Las Vegas. Subscribe to the Retail Ticket for pre-event articles, live video interviews on site and post-conference analysis.
LAS VEGAS—Landlords, tenants and brokers are taking a more collaborative approach in finding creative solutions that check the boxes for all parties involved, according to Jami Savage-Gray, CBRE SVP based in Phoenix. Gray tells GlobeSt.com that this approach is helping to move retail over the hump of negativity and into new heights.
“The result of this teamwork is evident in the food-and-beverage sector, as we are seeing more new and innovative concepts pop up in retail centers,” she says.
We also caught up on retail trends with CBRE's Atlanta-based Will Pike, vice chairman and managing director leasing the firm's net lease property group and corporate capital markets practice. He tells us that retailers can expect a broader and more competitive capital markets environment for their owned properties for the remainder of 2019.
According to Pike, “Private, institutional, and foreign capital has been flowing into retail sale-leaseback opportunities at significant levels given that assets are still trading at historically low cap rates.”
Keep checking back for more in the coming week for wall-to-wall coverage surrounding the Las Vegas ICSC RECon show and overall trends in the retail market. Take a look below at stories you might have missed.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, 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.
