Listen "ICSC Vegas Recap (2024)"
Episode Synopsis
Join Boots on the Ground by Retail Strategies for an in-depth look at the 2024 ICSC Las Vegas Conference. Discover the latest trends in retail real estate, creative deal-making strategies, and insights from industry leaders. Perfect for developers, investors, and municipal leaders. Tune in now! https://retailstrategies.com/icsc-vegas-conference-recap-2024/*Outline*1. Retail real estate industry trends, including creativity and speed in deal-making. Ryder Richards, Elliott Cook, and John Mark Boozer discuss the ICSC Las Vegas show, with a focus on positivity and creativity in deal-making. Guests express optimism about the show's return to normalcy after the pandemic, with a large contingent of retailers and developers looking to do deals. Developers and owners are getting creative with financing and layouts to accommodate retailers' expansion despite low vacancy rates.2. Retail industry resilience and investor confidence. Speakers discuss resilience of retail industry despite challenges. Investors and buyers are optimistic about retail, with a focus on distressed and vacant centers. Investment groups view retail as a strong asset class, with confidence in future growth.3. Retail development and the role of municipalities and private sector.John Mark Boozer and Elliott Cook suggest purchasing underutilized properties for renovation and redevelopment. Elliott Cook notes increased municipal representation at ICSC events, indicating a shift in focus. Elliott Cook: The public sector's role in retail development is becoming more evident. Ryder Richards: Industry is changing, and cities are open to retail partnerships.
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