At ICSC’s biggest show of 2021 in Las Vegas last December, one booth, crammed to its borders with visitors, shone out as the rock star of the event. That was the booth of Placer.ai.
Retailers in sectors that have seen outsized gains from U.S. consumers are capitalizing on the favorable market for tenants that exists in most urban corridors.
Federal Realty’s VP of asset management Chris Fleming thinks the pandemic has given the owner-operator of more than 100 properties an opportunity to upgrade many of them.