Another successful New York Deal Making event proved that bricks and mortar retail is still going strong. The recovery of the retail market seemed evident as demonstrated by the more than 9500 in attendance at the ICSC New York National Conference. The December 2014 exhibition attracted the region’s most renowned retail real estate brokers and agents, owners and investors of organized retail, and an array of industry related service providers. The event made a bold move from its’ established two (2) venue strategy, to focusing all of its efforts for networking, education and deal making, under one roof. The incomparable Jacob K. Javits Convention Center replaced the Sheraton New York Times Square and the New York Hilton Midtown as the venue of choice from this point forward.
The industry was welcomed by Keynote Speaker Donald Trump, better known as ‘The Don’. Although the concept of innovation drove many of the discussions heard around the exhibit hall, Trump passionately praised the importance of incorporating retail centers into any real estate portfolio. He was quoted to say that “physical retail is still king.” And it remains apparent that the industry must be on the ready to embrace change as it happens, retailers continue to recreate their space. Trump further raved of the benefits of incorporating retail into functional real estate related entities. “Look at apartment buildings, parking garages, hospitality venues…all great retail partners.”
Qube Global Software was an active participant in deal making arena. Our technology experts shared best practices while showcasing the latest capabilities in our property and asset management software. Our proven solution is currently in use by world recognized retailers like Tesco, HMSHost and a world-renowned bottling company.