Shopping Centers Today

DEC 2016

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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Page 2 of 143

D E C E M B E R 2 0 1 6 / S C T 3 10 THE COMMON AREA Investors splash out for another Las Vegas mall, shoppers pay with plastic, and sovereign wealth funds prefer not to buy at all, for now. 26 STOREFRONTS Retailers, restaurants and other potential tenants on the lookout for good places to set up shop 72 DEVELOPMENT DIGEST How two developers turned an old 1980s food court into a popular new culinary destination in Irvine, Calif. 116 SITES & CITIES Looking back at America's first black-owned center and forward to General Growth's newest mall 130 NEWS MAKERS Meet Gordon Bros.' Mark Dufton and Columbia University's Patrice Derrington. And a fond farewell to Westcor's Russell (Rusty) Lyon 144 THE LAST STOP A survey of shopping center performance — cap rates and sales per square foot — by region Departments 16 134 54 70 S H O P P I N G C E N T E R S T O D A Y D E C E M B E R 2 0 1 6 contents

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