Southpace Retail is a safe bet at RECon Las Vegas

By Andrew Loveman, CCIM and Tyler Bradford

The International Council of Shopping Center (ICSC) holds its biggest conference of the year each May at the Las Vegas Hilton Convention Center which spreads across 2,000,000 square feet of floor space, with its own cell phone antenna. 

The event is officially known as ICSC RECon.  RECon hosts anywhere from 25,000 to 50,000+ retailers, developers, brokers, investors, vendors, bankers, etc. each year.  It is a three day event for the shopping center industry and provides networking, deal making and educational opportunities.

More than 800 companies rent space in the “Leasing Mall” within the convention center to set up booths and meeting space.  Some of the more elaborate booths will offer gourmet food, live music or water features, while all booths have your standard convention freebies.

From shopping center owners looking to lease space to retailers looking to expand into new markets, the “Leasing Mall” is where the deal making happens.

Meetings are held from 8-5 and over breakfast, lunch, dinner and drinks.  Sometimes we have a little fun, but mostly it’s meetings, meetings, meetings from beginning to end.  Rarely does our bunch even find time to enjoy what Vegas is famous for—gambling and nightlife.

Southpace’s Retail Division participates on a few levels:

1.     Our Landlord Reps are meeting with tenants to join the more than 2.5 million square feet of shopping centers we handle for various clients.

2.     Our Tenant Reps are meeting with land owners and landlords for new locations for the tenants we represent such as Cheddar’s Casual Cafe, Chipotle, Dunkin Donuts, Gander Mountain, Golden Corral, Jersey Mike’s Subs, McDonald’s, Rainbow Apparel and Verizon.

3.     Our Development and Investment teams are looking for new opportunities to buy, sell or develop.

4.     And last, but certainly not least, networking for those future opportunities.

For the 5th year now, Southpace is returning to Las Vegas as a member of the Retail Brokers Network (RBN).  With over 60 offices in North America, RBN is among the strongest broker networks in the country.

The RBN booth will be our home for the entire convention.  As one of the larger booth spaces in the convention, the RBN booth gives us a greater opportunity for dealmaking and networking.  Our clients appreciate the reach we gain by our affiliation with some of the best commercial real estate companies in America.

The RBN motto is “Know, Like & Trust.”  With the RBN, we get national reach with local market knowledge that we can trust.

If you find yourself at ICSC RECon May 20-23, come see us in our booth at C 111 Union St.

Southpace Properties, Inc. is Alabama’s largest independent commercial real estate firm. Southpace offers commercial real estate services such as office, retail, land, warehouse and industrial sales and leasing, tenant and landlord representation, development, consulting, investment sales, and property management—including asset management and construction management. With nine CCIM designees, Southpace has one of the state’s highest number of CCIM accredited brokers under one roof.

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