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What's Happening at ICSC

Charlotte
What's Happening at ICSC
What's Happening at ICSC
We're on the ground in Vegas for ICSC's RECon. It's where we snapped Marcus & Millichap CEO John Kerin and National Retail Director Bill Rose, with whom we had a chat about national retail trends. The short version: things are looking up. There's going to be an uptick in buying and selling retail properties in greater Charlotte, according the latest report on the market by investment specialist Marcus & Millichap. Mutli-tenant retail transaction velocity will pick up this year as out-of-state owners sell stabilized shopping centers and risk-averse buyers target single-tenant properties. Institutional operators looking to reposition assets will list performing shopping centers with national anchors and solid tenant roster at cap rates near 7.5%.
What's Happening at ICSC
You might not think politicians are popular, but this ICSC panel of former Senators Tom Daschle  and Trent Lott attracted 1,200. And the crowd wasn't carrying placards and chanting anti-globalization slogans, either.