Shopping Centers Today October 2016

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Up next: The industry’s young leaders

ICSC members recognized four of their own for outstanding leadership at the Next Generation National Conference, held last July. "None of the four expected an enormous revolution in retail. Instead, they foresaw a continuation of the steady change we see today. For them, change is just the new norm.”

— SCT October 2016
ICSC helps U.S. Census Bureau understand e-commerce sales — SCT October 2016
To compete, grocery chains are striving to be cheaper, fresher and more convenient — SCT October 2016

The Common Area


As Macy's trims its portfolio, mall landlords relish opportunities to repurpose the vacated stores. 

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News Makers


CBRE’s new assets head Mark Hunter has run 135 big centers over his career.

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E-tailers continue to outgrow their digital footprint and to seek space in the real world, mall executives said on second-quarter earnings calls. “We continue to see interest of e-tailers coming to the mall,” said General Growth Properties CEO Sandeep Mathrani. 

— SCT October 2016
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The Bottom Line


New Market Properties’ $158 million acquisition of several highly sought, well-occupied grocery-anchored centers in the Southeast and Texas earlier this month from Hines REIT not only expands its portfolio, geography and tenant roster but also moves the landlord closer to independence.

— SCT October 2016
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Center Stage


De-mallings do not get much more radical than the redevelopment of the 500,000-square-foot former Twin Peaks Mall.

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On the Ground


Houston has a new hot spot. Development is shifting to the Southeast side of the market.

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