SNL Real Estate Daily
May 27, 2013
As seen in this article, "New retail concepts and retail fundamentals were
the bill of fare, but the
International Council of Shopping Center's RECon conference this year could
easily have been mistaken for a technology or social-media event.
On some panels, market projections approached
science fiction: Jeffrey
Newman, senior partner at Sills Cummis & Gross P.C. and chair of the firm's
estate department, posited the arrival of same-day, or even four-hour or
same-hour, delivery - an eventuality with profound implications for both retail
and industrial real estate. He posited a future when online retailers have
brick-and-mortar distribution centers all over the country."