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LAS VEGAS-“The overall sentiment is positive.” That was Sandy Sigal, president and CEO of NewMark Merrill Cos.’ overall take on the retail market. “There is very strong demand for shopping center investments, great tenant demand—albeit at conservative rent rates—and even some development activity.” GlobeSt.com ran into Sigal at the NewMark Merrill ICSC RECon 2013 party Tuesday night at the Hard Rock hotel in Las Vegas. Sigal also pointed out that “While sales at the center level remain fairly flat, retailers have adapted and the smart owners will provide the support their tenants need to survive in the new normal.”

Earlier in the evening, GlobeSt.com attended the Stan Johnson party, where Bradley J. Feller, director of Stan Johnson Co., said that “the activity and energy we’ve seen at this year’s Recon conference has been palpable.” Developers’ pipelines are clearly bulking up, says Feller, with tenants either ramping up new store openings or expediting those already underway.

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