Shopping Centers Today International

DEC 2015

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 5 / 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 D e c e m b e r 2 0 1 5 78 Features 78 An industry on the move The global appetite for new retail and entertainment is keeping the pipeline full and developers busy. B Y J o e l G r o o v e r 94 Letting nothing go to waste Centers are recycling more waste than ever, due to an abun- dance of restaurants and tighter regulations. B Y S T e v e M c l i n d e n 106 Locally raised loans regional and community banks are opening their coffers to the retail real estate industry again. B Y S T e v e B e r G S M a n 114 Decking the malls While Santa's still coming to the mall, Christmas is being marked in new ways, too, this year. B Y r e B e C C a M e i S e r 120 An unwelcome tax proposition owners in California have rebuffed attempts to tax commercial property at higher rates than homes. B Y S T e v e M c l i n d e n 124 Awaiting the new lease accounting rules new regulations could have a costly impact on stores, restaurants and other businesses. B Y S T e v e B e r G S M a n 130 The opening of Iran domestic and international retailers and landlords are poised to transform iran's shopping scene. B Y S p e n C e r r u M S e Y 94 120 106 114

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