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Tag Archives: International Council of Shopping Centers

Nation’s shopping centers see net operating income gains

  Shopping centers around the country saw an up-tick in revenue in the second quarter but not enough to offset higher expenses, the National Council of Real Estate Investment Fiduciaries (NCREIF) and the International Council of Shopping Centers (ICSC) says in reporting on a new survey. The survey of investment managers for approximately 1,000 shopping-center properties found that operating income ...

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Still distressed centers to acquire – but process can be stressful

Conventional wisdom says opportunities to buy distressed retail centers have been erased by the slow but steady economic rebound of the nation and region. An initial inspection of the retail landscape may support that thinking. But Bob Flowers, state director of the Alabama-Mississippi division of the International Council of Shopping Centers, thinks otherwise. “We think things are coming back and ...

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