Warming Up

I had the opportunity to attend the ICSC RECON meeting in Las Vegas this week. The temperature was down-right chilly instead of the usual 100 degrees. But inside it was warmer than last year. Attendance at the conference in 2009 was 25,000 and this year, subject to adjustment from on-site was approximately 30,000….a far cry from 50,000 in 2008, but it felt (somewhat) like the retail space is on the mend. Unfortunately, on the employment front the news isn’t as positive. I spent time at the Reconnect Pavilion where professionals were invited to network for career opportunities and resources. Unfortunately the mood was a bit grim as jobs are still few and far between. It’s going to take another year or two for employment in the retail space to firm up. However, the most astounding event at the conference was Sarah Palin’s keynote speech at the kickoff luncheon on Sunday when she announced to the crowd that she really doesn’t like to shop….going to the mall is not her thing! She really knows how to read a crowd!

Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.
Job Opportunities
COSTAR GROUP Market Advisor (ATLANTA) The advisor will deepen knowledge and understanding of local market conditions through on-the-ground research and active dialogue with local customers, investors, and other industry participants; cultivate, nourish, and maintain a deep network of local contacts and experts to help inform and expand market knowledge; generate a minimum of twenty leads per year through local industry networking; among other duties.
ING CLARION Asset Management Analyst (LOS ANGELES) The analyst will analyze lease transactions for compliance with annual operating plan and property valuation assumptions in addition to consideration of tenant mix with an emphasis on maximizing retail sales; coordinate preparation and review of portfolio level and client reports by property manager and market specialists; and monitor and analyze the financial performance of a portfolio of retail properties; among other duties.

COMMUNITIES Redevelopment Manager (BOSTON) The manager will be responsible for leading remerchandising planning and execution; assisting with redevelopment planning and execution in order to achieve attractive financial results; among other duties.

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