Podcast

Boots on the Ground: Episode 4

ICSC Vegas

Conference Recap 2024

Held in Las Vegas, NV
May 19-21, 2024

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.

Retail industry resilience and investor confidence.

• Speakers discuss the resilience of the 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.

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.