ICSC's RECon show is coming to Las Vegas May 18th - 21st
The ICSC RECon show is coming to Las Vegas again this year. Here are some facts about the show:
* Over 50,000 industry professionals attend the ICSC's RECon in 2007 representing:
-Owners/developers: 42%
-Retailers: 33%
-Financial and investment institutions: 10%
-Economic development agencies and municipalities: 6%
-Architects, design and construction: 5%
-Suppliers: 3%
-Others: 1%
* Attendees represent approximately 51 countries from five continents.
* ICSC's RECon contains three components:
* Industry educational sessions (Sunday through Wednesday).
* Trade exposition featuring the latest and most innovative products and services (Sunday-Wednesday)
* Leasing mall featuring 1,300 of the world's leading owners, developers, retailers, brokers, economic development agencies, municipalities, financial institutions and lenders for networking and conducting business (Monday through Wednesday).
* ICSC's RECon is one of the largest conventions in North America.
* ICSC's RECon is the largest gathering of retail real estate professionals in North America.
* The Trade Exposition occupies 240,000 s/f.
* The Leasing Mall encompasses 2.0 million s/f.
* ICSC's estimates that approximately 50% of the retail real estate industry's shopping center leases are signed or conceived during the RECon.
For more information visit ICSC's RECon website at www.icsc.org.
Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.