The International Council of Shopping Centers' annual trade show in Las Vegas drew a large crowd despite traffic congestion, reflecting ongoing challenges in the retail industry. Attendees included bankers, brokers, and landlords, all confronting the dual threats of tariffs and bankruptcies amid a recovering economy. However, opportunities persist, highlighted by continued retail openings and deals. Notable speakers acknowledged consumer resilience in a volatile market while expressing concerns about costs impacting retail dynamics. As the event concludes, the future of dealmaking amid economic uncertainty remains a central topic of discussion.
It’s likely by ICSC’s end, the question of whether macroeconomic uncertainties tamp down dealmaking, will be the most asked question across the convention center.
We’re seeing there’s some disruption happening, obviously, and that’s when there’s opportunity... so tenants are still opening and doing deals.
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