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Six Takeaways from ICSC New York Deal Making Conference 2019, Day Three

December 13, 2019

The final day of ICSC New York Deal Making Conference taking place this week included discussions of shorter lease terms being signed by retail tenants and the popularity of wellness and experiential tenants. Here are some additional takeaways from the conference:

Institutional investors are shifting strategies to less of a disposition mode and more to an “even mode” when it comes to retail, said Scott Holmes, senior vice president and national director with the national retail group of brokerage firm Marcus & Millichap. In other words, they are beginning to look to buy and sell around the same volume of properties. “Speaking for ourselves, we have a lot more proposal volume going out right now than last year for example,” according to Holmes, who agrees that transaction volume growing “looks to be the case for the first half of the [next] year.”

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