The ICSC Blog

January 23, 2015

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Win A Free #RECon15 Badge!

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RECon 2015 is looking to be better than ever and we are giving away four free full-conference badges!

How could you get one of these hot-ticket items? It’s simple, each week we will be posting a trivia questions on Twitter using the hashtag #REConTrivia, if you answer the question correctly and use the hashtag in your response you will be entered into a drawing to win one of the four free badges.

So check out @ICSC_RECon on Twitter for the questions each and every Friday and try your hand at our #REConTrivia.

Remember, the future starts now!

January 16, 2015

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10 Reasons to Attend #RECon15

Reconnect with prosperity and profits at ICSC’s RECon 2015! RECon is the world’s largest retail real estate exhibition and conference and is a must-attend event for shopping center industry executives, retailers, financial companies, and product and service suppliers. If you’re in the shopping center industry, you can’t afford not to attend RECon. When over 34,000 of the best and brightest in the industry come together, the opportunities are limitless.
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1 Professional Development Day
Taking place on Sunday, enjoy a day that is dedicated to education, training, and professional development. Before the exhibit halls open on Monday, this is your chance to take advantage of non-compete time to enhance your career skills. With a choice of quick hitting or in-depth educational sessions on industry concepts from ICSC’s world-class speakers and faculty, this program offers a variety of timely topics across a range of disciplines. Participants earn 1.0 professional development credits toward ICSC certification renewal.
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2 SPREE RECon
The world’s largest show for the cart, kiosk, and temporary retail industry is coming to RECon. SPREE has become a fixture in the specialty retail industry, offering cart, kiosk and pop-up store retailers, wholesalers, specialty leasing professionals, and service providers the unique opportunity to gather under one roof and make deals. #SPREEshow
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3 Leasing Mall
Whether you’re a shopping center owner, looking to lease space in a new or existing shopping center, or a retailer, looking to expand into new markets, the Leasing Mall is the place where the deals get done! With over 900 of the world’s largest shopping center development companies and retailers in attendance, the Leasing Mall is the most cost efficient means of doing business. You can visit with all the major companies in the industry and conduct a year’s worth of business in just three days. Stop by Retailer Central and Retailer Square in Central and North Halls with Networking Lounges and free WiFi.
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4 Marketplace Mall
The Marketplace Mall will feature over 300 product suppliers and service companies, grouped together in one convenient location so that you can quickly and easily learn about the latest innovations that will improve your profitability. Whether you are looking for signage, shopping carts, or solutions on how to engage consumers through social media, you can get all the information you need at the Marketplace Mall.
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5 U.S. MAXI Awards
The U.S. MAXI Awards, ICSC’s marketing awards program, will again take place at RECon. The U.S. MAXI Awards honors innovative events, programs and technology that are vital to shopping center success. Designed to recognize the evolution of the industry, while rewarding innovation and creativity, they are the premier marketing awards in the industry.
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6 Cities of the World Pavilion
The Cities of the World Pavilion will feature cities and municipalities as well as government and non-profit organizations that are looking to attract retail real estate development to communities throughout the world. Located on the Leasing Mall floor, the Cities of the World Pavilion will allow attendees to quickly and conveniently learn about all the incentives, inducements and development opportunities that exist in communities near and far.
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7 Finance Pavilion
The Finance Pavilion is one convenient stop for attendees to meet with financial companies, banks and lenders to discuss incentives and financing opportunities that will make their development dreams come true.
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8 ICSC Foundation Gala Dinner
Jump start your RECon at the ICSC Foundation Gala Dinner. This who’s who of retail real estate is the ideal opportunity to give back while entertaining your clientele or staff. Join us at this private engagement for a night of networking and song with a tribute to Frankie Valli and the Four Seasons. Separate registration required. Space is limited.

9 Design Trends Exhibit
Today’s dreams and tomorrow’s realities are featured at the Design Trends Exhibit as shopping center owners, developers, architects, and designers display their vision and latest concepts. Located in high traffic areas throughout the Convention Center, a Design Trends Exhibit is an ideal way to expand your presence and drive traffic to your Leasing Mall exhibit.
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10 Meet the Trustees Breakfast
This is your opportunity to discuss key industry issues with ICSC’s Board of Trustees in an interactive, roundtable setting.

November 21, 2014

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Thank You For Supporting the ICSC Foundation

With the upcoming U.S. Thanksgiving holiday, the ICSC Foundation would like to acknowledge the ICSC members for making this past year truly successful. Their generosity has allowed the foundation to increase the quantity and the amount of our retail real estate scholarships.

A few works of thanks to the student who were impacted by our member’s generosity:

I am absolutely thrilled and honored to have received this award from the ICSC Foundation. Winning this award has validated my work at the University of Denver and only further ignited my passion and excitement to one day work in the real estate field.

Bertram, Julia DUJulia Bertram
Undergraduate Real Estate Award
University of Denver
Receiving the ICSC Foundation Glenn & Linda Sue Miller Undergraduate Real Estate Award, reassures me that I am on track to completing my dreams.

Culler, Morgan FAMUMorgan Culler
Glenn & Linda Sue Miller Undergraduate Real Estate Award
Florida A&M University
It is with my deepest gratitude that I thank you for such a prestigious award. This instills great appreciation and confidence moving forward within the real estate industry.

Homapour, Michael - BaruchMichael Homapour
Undergraduate Real Estate Award
Baruch College
I appreciate Mr. Franz Fischer and ICSC Foundation for their generosity. Their generosity further proves that the real estate industry fits with my character.

Hyo Bin (Joe) - U WISCHyo Bin Im
Thanks’ Chief, Franz Undergraduate Real Estate Award
University of Wisconsin
From the ICSC Foundation Board of Directors and staff, thank you for allowing us to make a positive impact in nearly 80 students’ and young professionals’ lives.

The ICSC Foundation academic scholarships are currently accepting applications until January 29th. Check out the opportunities for graduate and undergraduate students.

November 21, 2014

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Bigger Speakers, Bigger Venue…Bigger Apple? ICSC New York Deal Making Announces Speaker Lineup

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NEW YORK, November 11, 2014 – Expect bigger speakers, a bigger venue, and bigger attendance – all in the Big Apple – at the International Council of Shopping Centers New York National Deal Making Conference, December 8-9 at the Jacob K. Javits Center, New York. Last year’s conference saw an attendance spike of nearly 10% – the largest rise since 2009 – to 7,600 attendees. At the new venue, attendance is expected to increase beyond that to 8,500 this year and the deal making square footage will double.

This year’ keynote lineup is also bigger than ever. Donald J. Trump, chairman and president, The Trump Organization will be the opening keynote speaker on Monday, December 8 at 12:30 pm in the Special Events Hall. A graduate of the Wharton School of Finance, Mr. Trump has achieved success in real estate, sports and entertainment. He is the Emmy-nominated star and co-producer of “The Apprentice” and the “Celebrity Apprentice,” an author of more than 15 bestsellers, and his name is synonymous with some of the most prestigious and recognized properties in the world.

On Monday afternoon at 4:30 four of the titans of the industry will gather on a single panel to deliver the most retail real estate insight per square foot. David E. Simon, chairman and CEO, Simon, Daniel B. Hurwitz, CEO, DDR Corp., Donald C. Wood, president and CEO, Federal Realty Investment Trust, and Kenneth F. Bernstein, president and CEO, Acadia Realty Trust will give some lessons from the trenches. Moderator Courtney Reagan, CNBC retail reporter, will guide the panel through a discussion on strategy and opportunities from the perspective of several different property formats as well as a look at what the future holds for shopping centers.

“This is an important conference for our industry as it is often a harbinger of growth prospects of the year to come – as the conference grows so too does the industry,” Michael P. Kercheval, president and CEO, ICSC. “Right now the industry is in very good shape we are expecting a record turn-out for this year’s show, which bodes very well for the upcoming holiday shopping season and the year ahead,” he added.

Need an update on where the capital is flowing in NYC and beyond? In a special panel conducted by the Wall Street Journal, moderator Etienne Katz, vice president of global sales for The Wall Street Journal, will lead a discussion on the properties that are currently taking shape and are of top-of-mind for the industry.

To register, or for more information visit http://www.icsc.org/2014EDM/.

Join the conversation, follow @ICSC on Twitter and use #NYConf

November 7, 2014

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A Tale of Connection & Conversation in NYC

sarah hill at ICSC

By Sarah Hill, MBA Student, Baylor University

I’m still in graduate school, but I’ve already learned how important networking and connections can be in the fields of retailing and real estate. For years, my undergraduate alma mater, Union University in Tennessee, has been visiting ICSC each fall when we participate in a study tour and advertising conference in the Big Apple. Now an MBA student at Baylor—again participating in a class trip to New York—I called ICSC for help in scheduling required interviews, an assignment connected with my studies. As an ICSC student member, I knew I could count on help from the association in connecting with women retailers for some in-person interviews, while in New York.

With the help of ICSC’s Leadership Development Department and my old friend Sarah Ritchie, I was able to visit with three women offering unique perspectives on marketing and retail developments: Denise Adrian, Vice President, Marketing, ICSC; Jeanine Rogan, Vice President- Merchandising, Theory; and Elise Jaffe, Senior Vice President, dressbarn, and ICSC Past Trustee.

James Mammarella, Managing Editor of VRN, one of ICSC’s publications, connected me with his friend and colleague Jeanine Rogan, for my first meeting. Ms. Rogan described her approach to marketing at Theory, the women’s clothing line. She explained the growth of the brand, as well as her vision for its future, particularly their new emphasis on accessories and handbags. (I can’t wait to get my hands on the new fall line!)

At ICSC, Denise Adrian discussed the unique challenges and opportunities in marketing for an association, representing 67,000 members worldwide. She described the way that ICSC caters to its target market, including members from across the retail real estate spectrum. ICSC works to understand the way that the retail real estate industry is evolving, always working to provide the most useful information to its members in the most user-friendly, accessible format.

(Full disclosure: at this point in the day, I went across the street from ICSC’s headquarters in the McGraw Hill building to the famed Magnolia Bakery and purchased banana pudding for sustenance. I got a medium!)

My third and final meeting was with the exciting and inspiring Elise Jaffe, whose family started dressbarn, with one store in Connecticut. I cannot express how kind and genuine she is. I felt so fortunate to have had the opportunity to speak with her, so I invited one of my classmates to join me. We met Ms. Jaffe at a Belgian café and chatted for over an hour. She really conveyed the vision of dressbarn and its goal of helping women feel beautiful—on a budget. In every way, the company strives for excellence: doing well, while doing good.

All in all, I’m incredibly grateful for these opportunities to learn from women in the industry. I am one happy marketer. And, to ICSC, I say thanks for making this possible.

October 24, 2014

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ICSC’s Next Gen Comes Together for Next GENerosity

Seattle NGW

45 events all across North America
Over 3,250 participants
All coming together to network for a cause

As Next GENerosity week comes to a close, congratulations go out to the Next Generation community and its committee leadership for an incredible campaign. For the past year, Next Gen and the ICSC Foundation have been collaborating on the Next GENerosity campaign which culminated (in Next GENerosity Week. Each local Next Gen committee was challenged to host a program this past week. The ultimate goal was to promote and encourage social responsibility.

The Next GENerosity campaign has given the entire Next Gen community a unique opportunity to work together for the greater good of the industry and so support the industry’s charitable organization, the ICSC Foundation. They recognized that Next Gen-ers have the most to gain from a vibrant, growing shopping center industry and the ICSC Foundation is the only charitable organization dedicated to strengthening the global retail real estate industry as a whole.

The 45 events varied from traditional speed networking and panel discussions to the less orthodox go-kart racing and bowling. At the MA/NH/RI Next GENerosity event 18 donated prizes were raffled off to participants and they raised $1,700 for the ICSC Foundation. The dollars are still being tallied, but it looks like Next GENerosity will contribute over $20,000 to impact the ICSC Foundation and their real estate scholarship programs.

“Thanks for the opportunity. I wanted to get involved with Next Gen for some time and things have really gotten off to a great start! I’m very much looking forward to my continued involvement with the organization.”
Seth Marks
Goodman Real Estate Services Group LLC
Cleveland, OH

The 2015 Next GENerosity Campaign is already in the works. Let’s make an even greater impact with more engagement and more events. Congratulations and thank you to the entire Next Generation!

October 17, 2014

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Celebrating One Year of #MindfulMalls

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Thanks to all who sent us what you're doing for your communities! Keep the photos & videos coming! #MindfulMalls #ICSCFoundation #ICSC #RoundTwo @AtlanticStation @ShopCapCentre @mvdshopping

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Last year the ICSC Foundation launched #MindfulMalls, a Twitter campaign to promote and recognize the incredible generosity and community spirit within the shopping center industry. They were inspired by all the ways, big and small, that shopping centers positively impact the community locally and globally.

Well it is clear that our malls and shopping centers are being mindful. We have had just about 500 #MindfulMall tweets that have led to 3 million impressions worldwide. Thank you to all the centers committed to enhancing their neighborhood and the world.

#MindfulMalls campaign is part of the ICSC Foundation’s mission to honor and encourage community outreach within our industry. The ICSC Foundation already awards shopping centers from around the globe for their charitable efforts with the Community Support Awards.

Do not forget to tweet using #MindfulMalls when your center is planning your next canned food drive, raising funds for charity or anything that shows the community work of our industry.

October 15, 2014

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Q&A With US Law Conference Speaker Scott Fisher

ScottFisherTell us about yourself and what you do.
I’m a partner in the real estate group at Arnall Golden Gregory LLP in Atlanta and just celebrated my 35 year anniversary at the firm. During that time I’ve represented owners and developers of virtually every type of commercial real estate and have negotiated countless purchase agreements, loan documents, leases, and joint venture agreements. I pride myself on looking at legal issues from a practical deal oriented perspective.

What will you cover at your 2014 Law Conference General Session and what should people expect to learn?
Our session will look at issues arising in the negotiation of joint ventures in real estate transactions. We have a panel with transactional experience representing the promoters/developers and the equity sources in joint venture negotiations. We also have a litigator to give a perspective on pitfalls to avoid.

What is your favorite social network to use and why?
Did I mention I’ve been practicing law for 35 years. While I’m on twitter and LinkedIn, I’m not a heavy user.

What is your favorite Business or Personal mobile app to use and why?
LinkedIn-It’s an excellent networking tool.

How can people reach out to you on social media?
Probably by LinkedIn or Twitter, but more realistically by good, old-fashioned email.

What is your best advice for First Timers and/or Next Gen attendees at the 2014 Law Conference?
Use the ICSC to build relationships and to become part of the industry. Also take advantage of educational opportunities offered by the sessions. There is probably no better place to learn about issues that arise the industry. It’s a great resource and a foundation that can be used to build a successful practice.