The ICSC Blog

March 17, 2011
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Retailer Closure Announcements on Wane, ICSC says

Nearly 700 U.S. stores and restaurants announced closure plans during the fourth quarter. That figure may seem large, but it is a big improvement over the comparable period a year before. These 700 units comprise some 10.4 million square feet — 0.07 percent of the total inventory of U.S. retail space, according to a report…

March 11, 2011
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Commercial Lending Rebounds, Open-Air Conference

Commercial real estate finance has regrouped amid improving economic conditions and there’s now an abundance of lenders chasing down a growing number of mostly Class A retail real estate purchases, said a panel of high-profile lenders Thursday at the ICSC Open Air Conference in Dallas. The controversial commercial mortgage-backed securities (CMBS) loan market, written off…

March 10, 2011
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ICSC PRESENTS 600th NEXT GENERATION PROGRAM IN SAN FRAN!

“Improve Your Learning Curve- An Introduction to ICSC Northern California’s Mentoring Program” NEW YORK, March 8, 2011 – The International Council of Shopping Centers (ICSC) is proud to present the 600th Next Generation Program. The conference will take place April 14, 2011 at Metreon in San Francisco, Calif. [Editor’s note: see attached program for full…

February 25, 2011
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ICSC pushing reintroduction of Main Street Fairness Act

With states strapped for cash, never has the shortfall from uncollected sales taxes from online sales — estimated to total $23 billion this year — hurt more. To redress the imbalance, ICSC is working to revive the Main Street Fairness Act, a measure that would require online retailers to collect sales taxes in the same…

February 24, 2011
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ICSC Scholarship Winner Tatijana Stafets is Excited About Retail!

By Jesse Serwer Tatijana Stafets, a 2010 winner of the ICSC Foundation’s Charles Grossman Graduate Scholarship, was in the fifth year of a six-year architecture program at the University of Illinois at Urbana-Champaign when she decided she was more interested in the business side of real estate than in the design side. “I thought it…

February 22, 2011
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Innovators in Business: Milton Cooper, King of the R.E.I.T.

Watch the full episode. See more Nightly Business Report. Innovators in Business: Milton Cooper, King of the R.E.I.T. Strip shopping centers may not be the most glamorous type of commercial real estate. But they are a kind of "cash cow"-- generating substantial rents for their owners year in and year out. Milton Cooper realized that…

February 17, 2011
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Build your own tenant: The Buckeye Hall of Fame Grill was cooked up by a landlord

By Beth Karlin When Nationwide Realty Investors was planning the $500 million Grandview Yard mixed-use development, outside Columbus, Ohio, the firm bet big on neighboring Ohio State University. “One of our key markets and customer bases is Ohio State — not just the students and the folks that work there, but all the alumni and…

February 15, 2011
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RECon Latin America!

The Global Meeting Point for the Latin America Shopping Center Industry Announcing ICSC's RECon Latin America Deal Making, Trade Exposition and Conference showcasing owners, developers, retailers, investors and product and service providers. Meet with over 500 industry leaders from all over Latin America for networking, deal making and education. Conference The Conference includes Educational Sessions…

February 14, 2011
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Retailer Moncler Flash Mob at Grand Central Station NYC!

Take a look at  Moncler Grenoble, the skiwear label/retailer,  in a flash mob fashion show at New York's Grand Central station. ICSCBlog The Voice of the Retail Real Estate Industry www.blog.icsc.org

February 10, 2011
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Shopping Center Industry Determined to Overcome Generation Gap

By Joel Groover Employment experts who focus on the shopping center business worry about a looming “talent gap” they say could leave the industry ill prepared for the future. “We are going to be out of talent,” said Christopher Lee, who heads CEL & Associates, a Los Angeles consulting firm. “It is a huge concern.”…