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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.

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?

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Natalie Dolce

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.

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