One of the firms that is a GlobeSt.com Thought Leader around theICSC New York National conference next week is Auction.com.The firm is a big seller of retail real estate to a number ofdifferent buyers, and contrary to what people may think, they'renot just selling distressed real estate any more. More and more,the assets trading on the site are fully leased, strong-performingproperties. The firm's leadership is trying to get more businesslike that from traditional owners and operators looking to buy andsell shopping centers. Joe Cuomo, a commercialreal estate auction executive at Auction.com talked about trends he sees inretail real estate auctions and his objectives at the show.

GlobeSt.com: Retail realestate is a larger part of the sectors you’re trading right now, isthat correct?

Joe Cuomo: Yes, about 25% of what wehave sold at auction over the past two years has been retail. The top property types that we sell are retail, office andmultifamily. We’ve seen a huge shift away from sellingdistressed, non-performing notes to the sale of more real estate inboth stabilized and opportunistic value-add retail properties.We’re also seeing much more Class A and B assets in Class A and Bmarkets.