Mixed Shopping Cart for Retail: ICSC Show Report
by WMG Development
Construction challenges, retailer demand and the prospects for 2024 were the talk of ICSC’s annual New York City event.
Attendees presented a wide range of impressions of the diverse sector including upbeat projections for leasing in certain segments mixed with the reality that building new product is a tall order these days.
Our CEO, Curt Frost, was in attendance and explained how building new retail is a smart strategy:
”The bids on repurposing existing space have ballooned to the point where it’s really more economical to tear down and rebuild,” commented Curt Frost, CEO of WMG Development.
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This article was originally published by Commercial Property Executive and authored by Paul Rosta on Dec. 11, 2023.