I just wanted to share a few of my Southern California trends as we start the second day of the ICSC Western Division conference.
All indications show that the well-located, anchored shopping centers in core trade areas are seeing positive absorption and that rents and concessions have stabilized. Long dormant tenants are beginning to expand again and value oriented tenants… Read More
It’s no secret that the third and fourth quarter outlook for retail in the California and other west coast markets remain modest, but that retailers are faring far better now than the last two years. As I’ve been finalizing my schedule for the upcoming 2012 ICSC Western Division Conference in San Diego, I’m keeping an eye on a handful of… Read More
Yesterday was a busy day at the Gaylord Palms convention center in Kissimmee, FL. We know that Florida has been progressing better compared to other parts of the country in terms of a recovery, so I’m not surprised to see people wanting to do business here. The important thing to keep in mind is that they are being smart… Read More
Florida is extremely hot right now, and it’s not just because of the sweltering August sun. At this year’s 2012 ICSC Florida conference that begins today, I’m expecting to see a huge influx of retailers, both domestically and internationally, that are not currently represented in the state of Florida wanting to take advantage of an early phase economic recovery… Read More
Welcome to Jones Lang LaSalle’s ICSC RECon Las Vegas 2012 blog. We invite you to check in with us as we cover the important issues and trends within retail.
The retail industry, as a whole, continues to gradually improve. Vacancies have bottomed for most markets, while rent declines are flattening. Leasing activity is positive and, combined with low supply, should keep things relatively stable.
This year’s conference should be a sustained platform of… Read More
