ICSC trends This week, ICSCDeal Making attendees will get insight on trends innovating retailand real estate.

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FORT WORTH—The ICSC Red River States Conference and Deal Makingis coming up this week from January 8 through 10 at the Fort WorthConvention Center at 1201 Houston St. According to ICSC, attendeeswill get insight on trends from dining to technology that areinnovating retail and real estate.

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In addition, retailers that are ready to expand and landlordsready to help with those expansion plans will be on hand. Kickingoff the year with this conference is good timing, says DanielHerrold, senior director at Stan Johnson Company.

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"Having a conference early in January is always a good start tothe year," Herrold tells GlobeSt.com. "It helps to betterunderstand existing and new projects pushing forward, buildingmomentum early in the year, as well as growth and expansion plansof retailers, restaurant operators and emerging concepts."

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Moreover, he says the Texas net-lease retail market comes from aposition of strength.

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"Generally speaking, the state of Texas has been very strongwhen it comes to creating new net-lease product," Herrold tellsGlobeSt.com. "Development is robust in all of the major markets,Dallas, Houston, San Antonio and Austin, and the secondary marketsare all very healthy as well, with plenty of new projects underway.Thus, the supply of net-lease product has remained steady andconstant across the state."

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Herrold says the net-lease investment demand is expected tocontinue for the duration of this year.

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"While the supply has been constant, the demand for net-leaseproduct in Texas has also remained strong, if not increased overthe years," he tells GlobeSt.com. "The health of many of themarkets, coupled with the state's business-friendly approach andthe income tax free provision of the state often draws net-leaseinvestors to Texas for investments. We expect that to continue into2020."

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Asking cap rates for retail, industrial and office in thesingle-tenant net-lease investment sector moved lower for thesecond consecutive quarter, according to The Boulder Group's thirdquarter 2019 net-lease market report. The Boulder Group attributedthis trend to a number of factors including the Federal Reservelowering interest rates.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.