Las Vegas

Glendale Gets First Major Creative Office Hub

Kelsi Maree Borland | September 10, 2018

Goldman Sachs Private Real Estate is filling the void for creative office supply in Glendale with plans to overhaul the 320,000-square-foot 505 N. Brand.

News

Appraisal Reduction Amounts Accelerate in IH 2018

Lisa Brown | August 01, 2018

As the commercial real estate credit cycle gets further along, rents and prices have shown signs of slowing and in some markets, even declines and some properties are getting caught in the undertow.

Colony Industrial Buys Trade Drive Portfolio

Adele Carter | August 01, 2018

“Las Vegas is an attractive market for us as we expand our platform of last-mile, industrial logistics properties."

News

Four-State Portfolio Shows Industrial's Still Hot

Lisa Brown | July 24, 2018

The 16 industrial and warehouse properties that comprise the industrial portfolio collectively total nearly 3 million square feet across Washington, Nevada, California and Arizona in seven markets.

Event Coverage

Upclose With Altus Group CEO, Bob Courteau

Natalie Dolce | June 13, 2018

GlobeSt.com caught up with Bob Courteau, CEO at Altus Group, to talk a bit more about his recent RealComm panel, where he said that he is now seeing a different analytics model that is beginning to focus on a “give get” approach.

Thought Leadership

Bricks vs Clicks? It’s Not ‘Us Against Them’

John Salustri | June 06, 2018

Transwestern’s Nick Hernandez says it’s time to stop the “us-against-them” mentality many retailers feel toward e-commerce. Adapt or die.

Thought Leadership

The Grocery Solution: A Mix of Online, (but Mainly) Brick-and-Mortar

John Salustri | June 05, 2018

Online grocery sales are making news these days. But Westwood Financial’s Joe Dykstra is placing his bets on a blended mix of online and brick-and-mortar, as he explains in this exclusive RECon video interview.

Thought Leadership

The Retail Strategy Switches

John Salustri | June 04, 2018

In this day of experiential retail, the draw of the shopping center is no longer the store itself. Consumers are coming, but not necessarily just to shop.

Thought Leadership

Cosenza: Adapt or Die!

John Salustri | June 04, 2018

In an exclusive video interview from RECon 2018, Inland vice chairman Joe Cosenza levels some frank advice toward retail brands that believe they can live without the internet. (Spoiler alert: They’re wrong!)

Event Coverage

Who Will be the Winners and Losers in the Food Hall Space?

Natalie Dolce | June 04, 2018

GlobeSt.com EXCLUSIVELY chatted with retail sources around the recent ICSC RECon event about all things food hall, and how to be an expert in that niche within the retail market.

Thought Leadership

Retail’s Bifurcation Continues

John Salustri | June 01, 2018

The gap between core assets and non-core “has never been wider,” says RPAI’s Michael Hazinski in this exclusive RECon video interview. But what does this mean going forward, especially as the economic picture threatens to shift?

Thought Leadership

Competition Responds to Amazon’s Whole Foods Buy

John Salustri | May 31, 2018

The majors aren’t sitting back and letting the marriage of Amazon and Whole Foods outpace them. Technology, after all, is there for everyone’s use, says Transwestern’s Steve Williamson.

Event Coverage

ICSC RECon: A Photo Slideshow With Exclusive Commentary

Natalie Dolce | May 31, 2018

GlobeSt.com caught up with numerous attendees and panelists at the recent event here in Las Vegas, where panelists say that while there are some challenges in the retail space, there are more opportunities.

Thought Leadership

New Techniques for Old-School Providers

John Salustri | May 30, 2018

You can have faith in brick-and-mortar. But online tools can provide greater value for clients, as Faris Lee’s Rick Chichester points out in this exclusive RECon video interview.

Thought Leadership Video

Big Data and the Future of Retail

John Salustri | May 29, 2018

This isn’t your parents’ retail market, as InvenTrust chief Tom McGuinness makes perfectly clear in this exclusive RECon video interview. But what does this mean for providers of retail space?

Event Coverage

No More of a ‘Build it And They Will Come’ Aspect of Retail

Natalie Dolce | May 29, 2018

GlobeSt.com met up with CAI Investments last week at ICSC RECon 2018, and Christopher Beavor, CEO, tells us that less capital is pursuing big box, a trend he expects will continue.

Event Coverage

Creative Leasing Solutions, Thinking Outside the Box

Natalie Dolce | May 29, 2018

Shopworks Inc. president Sharon Leoff says that in a consumer market driven by Millennials, it is crucial that retailers not only produce and supply the products popular with the generation, but to also design stores with this influential client in mind.

Event Coverage

Global Real Estate Powerhouse to Weigh in at Realcomm

Natalie Dolce | May 25, 2018

Realcomm’s The Age of Acceleration conference is gearing up in Las Vegas on June 6-7 and this year’s theme will focus on what it will take to keep up, understand all the new technology, change organizations, rethink strategies, predict the future, take bigger risks and work at a speed never experienced in modern history.

Event Coverage News

CREXi Secures Series A Investment to Further Tech Platform

Natalie Dolce | May 25, 2018

GlobeSt.com catches up with Michael DeGiorgio, CEO at CREXi, to discuss the growth of the marketplace and technology platform and taking things to the next level.

Event Coverage

Retail is Changing Faster Than Ever

Brian J. Rogal | May 24, 2018

Participants at this year's RECon are getting more creative in how they approach the challenge presented by e-commerce.

Event Coverage

How to Differentiate Your Retail

Natalie Dolce | May 23, 2018

While one retailer raffles prizes to get customers in stores (and has seen an increase in store sales since), others are using Instagram-friendly installations or food concepts, Lee & Associates EXCLUSIVELY tells GlobeSt.com.

Event Coverage

What the Shopping Center of the Future Might Include

Natalie Dolce | May 23, 2018

The bulk of the draw at a future shopping center will be interesting, innovative restaurants and service providers like fitness options who need a physical space, says one CBRE source we EXCLUSIVELY chatted with here at ICSC RECon.

Event Coverage

Retail, Through the Lens of Accelerating Technologies

Natalie Dolce | May 22, 2018

Panelists here at ICSC RECon agree that the extraordinary speed of advancement in technology will disrupt all sectors of retail real estate but note that those to embrace the revolution will prosper.

Event Coverage

ICSC Panelist Talk Hot Property Types, Flow of Capital

Natalie Dolce | May 22, 2018

Panelists during the capital markets panel at ICSC’s RECon event here in Las Vegas say that while valuations are peak”ish”, the expansion in the retail capital markets space has really been led by responsible buying and borrowing.

Event Coverage

Covenants, Co-Tenancy Clauses and More

Natalie Dolce | May 22, 2018

Hartman Simon attorney Jeremy Cohen catches up with GlobeSt.com at ICSC’s RECon event to discuss three key factors at play when developing a center from a retail standpoint.

Event Coverage

Key Factors to Understand a Retailer’s Site Selection Criteria

Natalie Dolce | May 21, 2018

ICSC RECon speaker David Huntoon, president of Intalytics, says that trade area and customer segments, are two of the many key site selection criteria to help drive successful unit performance.

Event Coverage

How to Reinvent, Redevelopment and Reposition Successfully

Natalie Dolce | May 21, 2018

In the opening workshop session, held Sunday morning at ICSC’s RECon Convention, Yaromir Steiner, CEO of Steiner + Associates, talked about how understanding the difference in need based services versus want base services is key.

Event Coverage

Welcome to ICSC’s RECon 2018

Natalie Dolce | May 21, 2018

RECon will feature an innovation exchange that will provide hands-on access to next-generation retail concepts. Attendees EXCLUSIVELY talk security robots, virtual dressing rooms, A.I. integration and more.

Event Coverage

The Changing World of Consumer Preferences

Natalie Dolce | May 18, 2018

We can expect this year’s ICSC RECon event to include discussions about how retail is changing in a positive light, say attendees and retail experts we EXCLUSIVELY chatted with in preparation of this weekend’s big event.

Event Coverage

ICSC RECon Attendees Talk Trends, Expectations

Natalie Dolce | May 18, 2018

GlobeSt.com EXCLUSIVELY caught up with key executives around the country in preparation for the upcoming show and many discussed some key emerging retail concepts that are going to define 2018.

Commentary

What Mall Owners Are Looking For

Robyn Marano | May 17, 2018

Innovative use of retail space and new ways to attract foot traffic are more important in bolstering fledgling centers and minimizing vacancies.

Event Coverage

Why RECon is a Good Way to Readjust Strategy

Natalie Dolce | May 16, 2018

Barbara Armendariz, founder and president of SharpLine Commercial Partners talks to GlobeSt.com in advance of the upcoming ICSC RECon event this weekend about her plans to make it a successful event.

News

IMC, AmericasMart Combine To Form Showroom Space Giant

Erika Morphy | May 16, 2018

The combined corporate entity will own and operate nearly 20 million square feet of permanent showroom space in Las Vegas, High Point and Atlanta.

CityCenter To Sell the Mandarin Oriental Las Vegas for $214M

Natalie Dolce | April 26, 2018

The Hotel is located at the entryway of CityCenter and in the heart of the Las Vegas Strip featuring 392 guestrooms, including 57 suites, 12,000 square feet of meeting space, five food and beverage outlets, and a two-level 27,000 square-foot spa.

Millennials ISO Affordable And Established Tech Hubs

Erika Morphy | April 10, 2018

There are a range of US cities that could attract younger Millennials in the coming years -- and with them a new set of commercial real estate investment considerations.

VICI Completes Harrah’s Las Vegas Deal

Paul Bubny | December 27, 2017

The REIT spinoff will lease the iconic hotel/casino to Caesars Entertainment in a 15-year triple-net arrangement.

News

VICI Properties To Pay $1.14B for Assets of Harrah’s Las Vegas

Natalie Dolce | November 29, 2017

VICI Properties also entered into a definitive agreement with Caesars to sell approximately 18.4 acres of undeveloped land located behind the LINQ Hotel & Casino and Harrah’s Las Vegas for $73.6 million.

Event Coverage

ADISA Honors Award Winners, Has Record Attendance

Natalie Dolce | October 24, 2017

More than 1,000 wealth advisors and alternative investment sponsors were in attendance at the 2017 Annual Conference in Las Vegas, where the highest honor was bestowed on Larry Sullivan, president of Passco Cos.

Commentary

Are Chinese, Japanese Investors Looking for Dirt in Reno?

Natalie Dolce | September 11, 2017

GlobeSt.com recently chatted with Kelly Bland, a SVP and principal with NAI Alliance, the Reno Affiliate of NAI Global, who takes a closer look at the economic boom here.

News

South Korea Gets a Touch of Vegas With $1.1B Complex

Natalie Dolce | July 13, 2017

Paradise City is a $1.1-billion, fully integrated entertainment and gaming resort complex totaling 83 acres.

“Omni-Channel Is Not the Enemy”

Natalie Dolce | June 09, 2017

LAS VEGAS—The retailers who truly know who their customers are will be more successful at merging channels and maximizing sales through better real estate, marketing, and operations decisions, says one retail expert in this EXCLUSIVE analysis on the subject.

A Closer Look at Retail Investment

Natalie Dolce | June 08, 2017

LAS VEGAS—GlobeSt.com chats with Chris Sands, founder of Sands Investment Group, about what REITs and institutional investors will be assessing pertaining to their retail assets in the coming year.

Strong Operators Should Continue to Thrive

Natalie Dolce | June 07, 2017

LAS VEGAS—One source we recently spoke with says we are about two to three quarters away from retailer bankruptcies beginning to impact retail real estate and mortgages.

Building a Street Life Beyond Store Operating Hours

Natalie Dolce | June 05, 2017

LAS VEGAS—Dorsky + Yue tells GlobeSt.com about taking underperforming retail developments and using them to instead create a memorable experience for communities.

How Brick and Mortar Will Leverage Data and Analytics

Natalie Dolce | June 01, 2017

LAS VEGAS—According to Soumya Das, CMO of Inpixon, retail brands will soon get to know their customers better and develop a deeper understanding of how they navigate the store experience and their shopping preferences.

Event Coverage

New Power Couple: How Retailers and Retail Destinations Communicate

Natalie Dolce | May 31, 2017

LAS VEGAS—Panelists at the recent ICSC RECon 2017 event explored the importance of communication between developers and retailers and discussed strategies and tools for building powerful and effective relationships.

Is Retail Being Painted With Too Broad a Brush?

Natalie Dolce | May 30, 2017

LAS VEGAS—Jay Rollins, founder and managing principal of JCR Capital, tells GlobeSt.com that there is a herd mentality to escape retail right now and that will lead to opportunity for those with a deeper perspective.

Event Coverage

Top of Mind Topics from ICSC’s RECon 2017 Conference

Natalie Dolce | May 30, 2017

LAS VEGAS—CREC VP Rafael Romero tells GlobeSt.com about how chef-driven restaurants are driving heavy traffic to shopping centers and why regional malls will not go quietly into the night in this EXCLUSIVE article on the hottest retail topics from this year’s big event.

Event Coverage

DDG Talks Retail Landscape Shift, New Opportunity

Natalie Dolce | May 26, 2017

LAS VEGAS—As part of our ICSC RECon 2017 coverage, GlobeSt.com caught up with the both the president and chairman of DDG to talk about the evolution of the industry and why being challenged is a good thing.

Event Coverage

Will Negativity in Retail Continue Until Sears Falls?

Natalie Dolce | May 26, 2017

LAS VEGAS—That was a question, among others, was posed to us by Bayer Properties' VP of Business Development, Brad Bailey in chatting about the recent ICSC RECon 2017 event here in Las Vegas.