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Landlords are backfilling vacant big-box spaces with multiple discount retailers, while Amazon explores growth in brick and mortar to complement their digital presence, says Hanley Investment Group's Bill Asher.
The report calls for the city to explore a second convention/exhibition center in an outer borough to compliment the existing Javits Center. The new facility would offer larger expo space and have a focus on exhibits and trade shows with large local attendance.
The deal announced today between NextEra Energy of Juno Beach, FL and Southern Co. of Atlanta includes the assumption of $1.4 billion of Gulf Power debt.
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.
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.