The ICSC LAS VEGAS convention gathered approximately 25,000 industry professionals for deal-making, trend exploration, and networking. Legendary football coach Nick Saban delivered a motivational keynote, emphasizing the importance of continuous performance with his statement, “You are only as good as your last play.” Here is a summary of the three days of events, where retail experts and enthusiasts, the driving force behind innovation and evolution in the industry, shared their insights:
- Minimal space availability was top of mind...
- The tight retail space conditions are expected to continue...
- The lack of new supply is driving up the value of retail real estate...
- The U.S. retail sector has seen increased leasing demand...
- Net lease retail is performing well despite interest rate pressures...
- The end of easy financing and a decline in venture funding...
- Credit spreads have narrowed...
- Despite ample investor demand and abundant capital...
- Successful financing deals today require best-in-class sponsorship...