Part 1 of 2

|

SAN DIEGO— The ICSC Western Division Conference will continue toshow the increased activity around the acquisition of shoppingcenters by REIT's, as well as more new development being announced.That is according to Sandy Sigal, CEO, founder andpresident of NewMark Merrill Cos. “The quest fortenants to fill these centers will continue to dominate theconference.”

|

We chatted with Sigal, among other industry experts who will beattending about what they expect from this year's event. “My senseis you will see a lot more franchise related activity as well asalternate, non-traditional users, be present demonstrating why theyare good for centers,” Sigal tells GlobeSt.com. “Also technologywill be more on display.”

|

According to Sigal, “the ecosystem around shopping centers is inthe transitional phase which means a lot of the current deal makingactivity will still exist, but you will see more vendors selling'game changing' strategies and equipment, different financingmechanisms and more Cities trying to get their piece of the retailpie.”

|

What will be interesting, he adds, is “to see if there are anyreal caution lights around the reduction of available, stableretailers, or if the fact that there are a lot of transaction, willover shadow the fundamentals of the internet continuing to eat awayat retailer sales.”

|

Stay tuned for more thoughts from ICSC Western Divisionattendees regarding their thoughts of what to expect at this year'sevent.

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

  • 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
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.

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.