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. 

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.