Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)
Issue link: https://sct.epubxp.com/i/390025
O c t O b e r 2 0 1 4 / S C T 3 CONTENTS S H O P P I N G c e N t e r S t O D A Y O c t O b e r 2 0 1 4 c o v e r i l l u s t r a t i o n : p e t e r a n d m a r i a h o e y Features 42 As demand rises, cap rates fall Flush with cheap capital, numerous bidders are pursuing few available properties, depressing cap rates. B y s t e v e B e r g s m a n 48 the tenant's point of view developers who started out in retail say the experience made them better custodians of their properties. B y J o e l g r o o v e r 54 the rising cost of construction property owners are concerned that building costs are increasing rapidily in some u.s. markets. B y s t e v e B e r g s m a n 58 Fruits and veggies are healthy for centers retail landlords the world over are tapping into the growing popularity of green markets. B y B e n n e t t v o y l e s 62 Green is cool in the hot Middle east environmental sustainability has become a top priority for developers in the arid persian gulf. B y s p e n c e r r u m s e y 66 Iran's retail revolution pent-up demand and a growing middle class have led to a flurry of retail development in iran. B y s p e n c e r r u m s e y Departments 5 center Stage The Grove, Asheville, N.C.: No chains, please 7 the common Area NYC gets its first new mall in 40 years 18 retailing today What's new on the tenant front 72 On the Ground Things are looking up for the Inland Empire. 74 In My Opinion Go back to school, urges Bob Young. 76 IcSc News Classes for China's new professionals 78 News makers Malls dying? Not so, says expert Paco Underhill. 82 t he bottom Line $70 billion in leases are set to expire over four years.