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Retail Law Advisor

Tag Archives: Real Estate

ICSC RECon 2017 – ICSC RECon Continues to Draw the Crowds

Posted in Real Estate, Retail

ICSC RECon 2017 was held last week from May 21-24 at the Las Vegas Convention Center. This year, the conference lived up to its billing as the “World’s Largest Retail Real Estate Convention” with an estimated crowd of 37,000.  This represents about a 2.7% increase over last year and continues the trend of growing attendance… Continue Reading

The Future of Urban Retail: A Business Real Estate Roundtable

Posted in Real Estate, Retail

As the competitive retail marketplace continues to shape itself, we take an active role monitoring trends and uncovering the legal ramifications.  This week, we are pleased to share Crain’s New York Business Real Estate Roundtable. In this piece, the discussion centers on The Future of Urban Retail. Our partner and leader in New York real… Continue Reading

End Of An Era Or Simply a Moment In Time?

Posted in Landlords, Leasing, Real Estate, Retail, Retail Sales, Tenant

What conclusions can we draw from the increasing vacancy rates in prime NYC retail real estate?  A momentary blip? Something we’ve seen many times before, only to be followed by the inevitable climb in rents to their customary stratospheric levels? Analysts claim that rents in the retail sweet spot of Madison Avenue between 57th and… Continue Reading

Upscale Food Halls—On Trend and On The Rise

Posted in Landlords, Leasing, Real Estate, Restaurants, Retail, Retail Sales

The growth of high-end food halls is taking off around the country as consumers seek fast, fresh, high-quality, chef-driven meals with a local touch, and as landlords seek to cash in on the continued growth of fast-casual dining. These boutique-style, upscale food halls are modeled more after famous European markets like Barcelona’s Mercado de la… Continue Reading

Blockchain – The Future of Real Estate?

Posted in Finance, Real Estate, Retail, Retail Sales, Technology

Bitcoin and blockchain technology have been gaining publicity in recent years, and although they are primarily known for their use as a digital payment system, there are also promising uses in many areas where trust, cost and efficiency can be improved, including real estate. So what is blockchain, exactly? Blockchain is a distributed ledger system… Continue Reading

Food For Thought: How Delivery-Only Food Service Is Impacting Retail Real Estate

Posted in Real Estate, Restaurants, Retail, Retail Sales, Technology

Today’s consumer is a tricky one – she is impatient and demanding.  She requires excellent service in the blink of an eye (or perhaps, more appropriately, in the swipe of a finger), and likes to eat meals made with high quality ingredients. Celebrity chefs have taken note. Chefs like David Chang, the man behind the… Continue Reading

ICSC RECon 2016 – Holding Court

Posted in Real Estate, Retail

ICSC RECon 2016 tipped off with a keynote address by Earvin “Magic” Johnson, Chairman and CEO of Magic Johnson Enterprises and former NBA superstar. Attendance was up by about 2.7 percent from last year, with around 36,000 attendees, representing the more than 1,100 companies that registered for the sold out event. Real Estate developers from… Continue Reading

Sustainable Retail – Eco-Friendly Shopping at the Mall

Posted in Office, Real Estate, Retail

Sustainability experts claim that “a good building- efficiency rating is quickly becoming the real estate equivalent of a motor vehicle’s miles-per-gallon rating and helps bring capital to owners and investors.” The National Real Estate Investor reports that investors and tenants alike prefer retail properties with sustainability measures in place. Studies based on the office market… Continue Reading

Trends in Urban Grocery Store Development in Washington, D.C.

Posted in Real Estate, Retail, Zoning

Continuing our coverage of trends in urban grocery store development, this post examines recent and ongoing activity in Washington, D.C., which is a leader in grocery-anchored, mixed-use redevelopment projects. It’s not by accident that DC leads in urban grocery store development. District leaders have undertaken a concerted effort to attract new grocery stores through public… Continue Reading

ICSC’s New England Idea Exchange Talks Trends and Technology

Posted in Retail

As ICSC’s New England Idea Exchange closes on yet another successful conference, the message is clear:  the retail industry is reinventing itself once again.  Attendance was on the increase again this year as real estate professionals gathered at the Boston Convention and Exhibition Center, appropriately located within the quickly expanding Seaport District, to hear about… Continue Reading

RECon 2015: a Decidedly Global Outlook

Posted in Real Estate, Retail

We are back from the ICSC’s RECon Global Retail conference, and needed the full long weekend to recover!  More than 34,000 real estate professionals attended the event (substantially exceeding last year’s attendance), and the mood among was decidedly upbeat. While the conference has always been the single most important event on the calendar of U.S…. Continue Reading

The Future Starts Now… Gearing Up For the ICSC RECon Global Retail Conference

Posted in Real Estate, Retail

The annual ICSC RECon Global Retail conference is just around the corner. This year’s conference takes place from May 17-20th at Las Vegas Convention Center. With over 34,000 attendees, RECon provides networking, deal making and educational opportunities for retail real estate professionals from around the world. With the mood among retail professionals being decidedly upbeat,… Continue Reading

Blowdryers and Flatirons: The Real Estate Market Heats Up with Salon Suites

Posted in Landlords, Leasing, Real Estate, Retail, Tenant

For years the price of entry for solo entrepreneurs in the health and beauty category was high. With similar fixed startup costs as any professional practice would have, such as real estate, insurance, supplies, but with much slimmer profit margins, stylists and aestheticians were often relegated to renting chairs from established salons or working for… Continue Reading

MAPIC 20th Annual International Retail Property Market Conference Impressions: Increased Focus on the U.S.

Posted in Real Estate, Retail

The week prior to our Thanksgiving, from November 19-21 , MAPIC (le marché international professionnel de l’implantation commerciale et de la distribution) hosted its 20th annual international retail property market conference at the Palais de Festivals in Cannes on the fabulous French Riviera. There were more than 8,400 participants from 75 different countries in attendance this… Continue Reading

Building Brand Equity: Crowdfunding and the Retail Industry

Posted in Finance, Retail

Ask anyone who follows innovation what topics are hot and it is likely most of them will say “crowdfunding.” By now, sites like Kickstarter and IndieGoGo have created thousands of loyal followers. In recent months even the real estate industry has entered the scene.   What is Crowdfunding? Crowdfunding involves the use of the internet… Continue Reading

Sharing The Art and Science of Updating REAs

Posted in Development, Real Estate, Retail

Thirty to fifty years ago, regional mall development was a new frontier in retail real estate. Developers were often individual entrepreneurs who started in the business by developing small strip centers and then moving up to more complicated retail developments, such as enclosed malls, typically anchored by department stores. Reciprocal Easement Agreements (REAs) were developed… Continue Reading

What The Height Act Amendment Means for DC Rooftop Development

Posted in Development, Landlords, Permitting, Real Estate, Retail, Tenant, Zoning

Last week, President Obama signed an amendment into federal law allowing human occupancy in rooftop penthouses on top of DC buildings. This is an exciting update for DC real estate owners and developers because it presents a budding opportunity to build penthouses for more value and usability beyond what is currently permitted. Currently, DC law… Continue Reading

NYC Retail: Alive and Thriving!

Posted in Real Estate, Retail

Quite a buzz is reverberating from last week’s Bisnow’s New York Retail Real Estate Summit! We were part of the action on April 30th in Bryant Park New York. The message we heard loud and clear? Retail in New York is about to explode! Our partner, David Rabinowitz moderated a deeply experience development panel at… Continue Reading

Proposed Changes to Lease Accounting Rules Impact Balance Sheet and May Lead to Loan Covenant Violations

Posted in Leasing, Real Estate, Retail

On May 16, FASB and the IASB announced the issuance of a new exposure draft of the proposed lease accounting rules which will have a major impact on the retail industry. This is the second major iteration of the proposed changes. (For those who may not have been following this issue, see Schmitt, Demystifying the… Continue Reading

MAPIC: Bringing Together International Retail and Real Estate

Posted in Real Estate, Retail

The upcoming MAPIC conference takes place on November 14-16 in Cannes, France. This conference is an essential stop for international retailers and it is dedicated to the retail real estate industry. MAPIC brings together international retail and real estate leaders to explore the most innovative projects, discover new retail properties, forge partnerships, close deals and… Continue Reading

RECon 2012: Tempered Enthusiasm for Continued Recovery and Growth

Posted in Real Estate, Retail

The International Council of Shopping Centers (“ICSC”) held its annual Global Retail Real Estate Convention (“RECon”) in Las Vegas from May 20-23. Over 30,000 attendees and 1,000 exhibitors lined the halls of RECon 2012 and those in attendance observed a guarded optimism and tempered enthusiasm that has been absent in recent years. Although the U.S…. Continue Reading