Shopping Center Business

DEC 2017

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

Issue link: http://shoppingcenterbusiness.epubxp.com/i/903727

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4 • SHOPPING CENTER BUSINESS • December 2017 ® FEATURES 48 | NEW OPPORTUNITY FOR TENANTS IN NEW YORK CITY With developments under construction, higher vacancies and declining rents, New York City offers more cost-effective options for new and expanding retailers. By Katie Sloan 64 | CELEBRATING GROWTH Celebration Pointe will bring retail, hotels, restaurants, entertainment and gathering space to a population spurred by thriving education and job growth. By Randall Shearin 72 | URBAN DEPARTMENT STORES GROW WITH THE TIMES While many stores are shuttering, others are adapting to a new retail climate, showing up at all the right times and places. By Stephen Stephanou 76 | INCUBATING SMALL BUSINESSES WHILE BOOSTING INCOME A pop-up program piloted at The Greene Town Center introduces small business owners to customers through short, simple leases. By Lynn Peisner 80 | RAISING THE BAR Infused with technology, Orlando's Lake Nona Town Center is welcoming a stylish new hotel anchor as well as office, residential and experiential restaurant and retail. By Randall Shearin 84 | FINDING VALUE Institutional investors are seeking value in core and core-plus acquisitions. Competition remains heated for top retail assets in primary markets. Roundtable moderated by Randall Shearin 104 | RESHAPING BALTIMORE'S URBAN CORE Port Covington will bring in big business and global attention to Charm City, but developers say they will include and support the site's neighboring communities. By Lynn Peisner 108 | TURNING OVER A NEW LEAF U.S. firms looking to enter new markets can learn from cross-border trends in Canadian retail real estate. By Jason Schouten Continued on pg. 6 DEPARTMENTS 10 NEWSLINE 22 CAPITAL MARKETS 36 DEVELOPMENT NEWS 135 CLASSIFIED ON THE COVER A Shift In The Big Apple; see "New Opportunity For Tenants in New York City," page 48. Cover designed by Nick Topolski. New York City photo courtesy of Brookfield Property Partners. DECEMBER 2017 LEADING THE WAY THROUGH THE 21ST CENTURY A SHIFT IN THE BIG APPLE Vacancies and new developments bring opportunity for new and expanding retailers in New York City. Plus: Institutional Investors On The Sector Online Retailers Move To Stores Creating Retail From Shipping Containers Fast Casual Restaurants VOLUME 22 ISSUE 8 December 2017 shoppingcenterbusiness.com 48 64 80

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