This time of year, many of us in the commercial real estate industry turn our attention to the retail sector. That’s because the biggest retail event of the year, the ICSC Global Retail Real Estate Convention, is just around the corner. And while the mood at the 2013 ICSC event could have been described as optimistic, this writer expects 2014 to be even better due to increasing retail sales and lower capitalization rates. First let’s cover retail sales. Most agree that consumer ...
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