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With the current state of the economy, it's understandable that business owners may be hesitant to secure retail space. However, recent trends suggest that now may be the perfect time to invest in commercial real estate. At the International Council of Shopping Centers (ICSC) conference, experts discussed the promising outlook for the retail industry. Here are some reasons why Cushman & Wakefield may be the perfect partner to help secure your next retail space: 1. Cushman & Wakefield is a global leader in commercial real estate services, with a wealth of experience and expertise in the retail sector. 2. Their team of professionals can help you navigate the complexities of the current market and find the best possible location for your business. 3. With access to the latest market data and industry insights, they can help you make informed decisions about your retail space. 4. By partnering with Cushman & Wakefield, you can take advantage of their extensive network of contacts and resources, giving you a competitive edge in securing the best possible space for your business. Don't let uncertainty hold you back from securing your dream retail space. Let Cushman & Wakefield help you find the perfect location to grow your business. #commercialrealestate #business #network #retail #businessowners

Consumers are spending time and dollars in physical retail stores. We are focused on ensuring you open the right sized store in the right location at the right time. Stop by so we can share how we can help execute your retail brand strategies. #retailrealestate #icsc #retail

Just wrapped up an incredible week at the Western States ICSC Conference in sunny San Diego! It was fantastic to reconnect with our current clients and meet some new faces, amidst a bustling crowd of 3,000 attendees. The atmosphere was electric, and there was buzz about the Arizona market's phenomenal growth. The conference had a cautiously optimistic vibe, with attendees eager to explore opportunities in the Arizona market, despite facing some industry headwinds. The challenges we discussed included low vacancy rates, minimal new construction, and a dip in investment sales due to higher interest rates. Nevertheless, the silver lining was the persistent high tenant demand and robust activity in franchise concepts. Exciting times ahead as we navigate these challenges and harness the opportunities in the commercial real estate landscape. Stay tuned for more updates on how we're making waves in this dynamic industry! #icsc #retailrealestate #CommercialRealEstate #ArizonaExpansion #SchillneRetail #RBN #RetailBrokersNetwork

Retail is dying? A fun snippet from some casual conversation about #CRE and the state of retail with Zach Roesinger and Mickayla Fatovic during our 🚨 Revolutionize Your Career With Top Commercial Real Estate Experts🚨#LinkedinLive event. Full event restream can be found in the comments below... I am very curious... am I wrong? Is retail dying? #CRE #Retail #Investing

What an incredible turnout at InterFace Conference Group San Antonio Retail 2024! SRS’ Cathy Nabours and Webb Sellers shared their expertise on investment properties and tenant representation respectively.    Cathy spoke about navigating through the lack of available retail space in the market and subsequent swing of negotiation power to the landlords.   #InterfaceSanAntonio #RetailInnovation #ExpertPanelists #CREInsights #RetailBrokerage #RetailRealEstate #SanAntonioRealEstate

I have to say ICSC Vegas had a better flow this year compared to the last couple… It was nice to feel some new energy here! Michael Zobrist and I had some great meetings and enjoyed talking about all the amazing things happening in our local economy. Here are my random takeaways in no particular order: - way more spread out/less congested feeling this year in south hall (2 floors) 🏢 - nice to see more of the ladies realizing they can wear flat/sensible shoes for all that walking (yes you can look cute AND comfortable) 👟 - lots of investors still active and looking for service retail 💵 - double duty calls with tours, etc when the show is in your own backyard 🚗 - no one seems to have warmed up to the ICSC acronym change (sorry) 🚫 - the days of big box tenants occupying rows and rows of booth space is over… it’s an obvious sign that the leasing world has shifted if you needed another indicator 📦 - it’s true but I feel like I run into more of my local broker colleagues at this massive convention than I do anywhere else the rest of the year… am I right locals?! 👀 #icsc #nmrk #newmark #cre #lasvegasrealestate #ccim #lasvegasbusiness #cityoflasvegas #landlords #tenants #retailleasing #retailinvestments #retailspace

At the annual ICSC Las Vegas convention, it was energizing to join over 150 Marcus & Millichap #retail investment sales and financing professionals in providing the latest market information, holding meetings and interacting with thousands of retail investors that came through our booth. I also joined esteemed CEOs Devin Murphy from Phillips Edison & Company and Alex Nyhan from First Washington Realty for a panel discussion moderated by ICSC Chair Glenn Rufrano. We delved into capital markets, investment trends, and the pandemic's cultural impacts.   We concurred that retail is favorably positioned to weather the market disruption caused by the interest rate shock. This is thanks to improved fundamentals and higher cap rates, particularly in the multi-tenant segment and certain single-tenant sectors. Notably, I highlighted the multiple bids for appropriately priced assets, reflecting necessary price adjustments over the past year. Retail cap rates have seen an average increase of 50 to 75 basis points; a trend supported by recent trades executed by my co-panelists.   While distress sales in retail may emerge, the sector has evolved into a "darling" of the larger CRE industry. This is predominantly due to the reuse and repositioning of excess space, and a marked decrease in new construction in the past decade. We also discussed near-term challenges, including stress on maturing loans, notably in the office sector, and banks' restrictive credit flows.   Lastly, the panel emphasized the need for regular team and client communication, continuous training, understanding the new workforce generation, and evolving consumer requirements - all crucial for our industry's success.

Join Andrew Baumgardner on Thursday for an insightful panel discussion at the 2nd Annual REDnews San Antonio CRE Forecast. Topics covered will include: 👉Identifying post-pandemic stars in retail. 👉Strategies for landlords and tenant reps in the restaurant sector. 👉Innovations in retail real estate renovations. 👉E-commerce impact and the value of brick-and-mortar. 👉Insights into 2024 retail development trends. 👉Predictions for future leasing trends and thriving retailers. Don't miss out on the latest trends, innovations, and success stories shaping the retail landscape. Learn more and register: https://lnkd.in/gNcTi8wy #retail #retailtrends #realestate #innovation #SanAntonio #2024trends

What's happening in the Austin #retail market? This week at the Annual InterFace Austin Retail conference we heard from local leaders in the market (think retail owners, investors, developers, brokers and tenant reps, lenders, retailers, restaurateurs — you get the idea!) about the challenges and opportunities currently present in the #Austin market. Panel discussions covered the economic outlook, changing consumer preferences, and which submarkets had the greatest potential. Edge Principal Cole Brodhead moderated a panel on Retail Leasing and Tenant Representation, where the topic of rising commercial rents was a hot topic. We 🧡 attending local industry events like this one where we get to hear input from and learn more in-depth about every corner of the industry. Thanks for hosting a great event InterFace Conference Group! #austinrealestate #cre #retailleasing #tenantrep