Now is a great time to plan for redevelopment, Josh Poag, president & CEO of Poag Development Group, tells GlobeSt.com. "This is the time to get your ducks in a row to be able to pull the trigger on redevelopment when the entitlements are in place and construction costs have stabilized or come down," he says. "It is also a great time to acquire some great real estate, with the potential for redevelopment."
So Poag is heading off to the ICSC New York trade show and conference, being held this week on Wednesday and Thursday. He'll be joined by scores of other retail executives from all points of the table, hoping to get a sense of what is happening with retail both now and in the future. Macroeconomic concerns are also subjects he is looking forward to discussing. "The biggest factors affecting all of us right now are macro issues like inflation and interest rates," he says.
Poag also expects he will be able to network as well as pick up industry scuttlebutt about possible redevelopment deals.
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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.
