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A look ahead to RECon 2011
As thousands of retailers and shopping center owners and managers prepare to descend on Las Vegas for the International Council of Shopping Centers’ 2012 RECon conference May 22-25, we thought it appropriate to talk with a retail real estate expert about not only the state of the industry, but also what to expect from this year’s show.
Senior editor Katherine Field talked with Mitchel S. Friedman, senior VP of New York City-based RCS Real Estate Advisors, to gain his insights about the show and the industry as a whole.
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Simon to see Prime Outlets in Jeffersonville, Ohio
New York City -- Simon Property Group is set to sell its newly bought Prime Outlets retail shops in Jeffersonville, Ohio, as part of a deal with federal regulators that required it to sell one of two Ohio properties, the Dayton Business Journal reported.
Simon, which bought the 22-site outlet arm of Prime Outlets Acquisition Co. last year for $2.3 billion, was required to sell either the Jeffersonville site or Cincinnati Premium Outlets in Butler County amid concerns that it would gain an anti-competitive advantage in the market.
