News:
Brokerage
Posted: July 21, 2020
Pacific Retail Capital Partners nominated for nine ICSC MAXI awards
El Segundo, CA Pacific Retail Capital Partners (PRCP) has been nominated for nine ICSC MAXI Awards. The ICSC Global Awards Program will hold a virtual ceremony on July 23rd.
The program is one of the world’s largest retail real estate conventions, recognizing the retail real estate industry’s most innovative events, programs, and technologies that add value to shopping centers and companies across the country. The shopping centers in the PRCP portfolio that utilized a myriad of resources to re-energize centers, drive traffic, increase sales and give back to their respective communities, and are now being recognized as 2020 ICSC Global MAXI Awards finalists include:
- Eastridge Center: CosmeCon, Impact Award;
- The Shops at Montebello, Made In Montebello: Community Award;
- Eastridge Center: Mini Cat Town, Community Award;
- The Shops at Montebello, Mamacita Market: <10K Award;
- Yorktown Center, Dog Friendly Initiative: Impact Award;
- Colonie Center, Trunk or Treat: <10K Award;
- PRCP, Butterfly Effect: Community Award;
- Colonie Center, Evening of Giving: Community Award; and
- Northpark, Repositioning the New Northpark: <10K Award.
“It is a testament to the collaboration and hard work of so many talented people that Pacific Retail continues to take our vision to the next level and create consistently unique experiences for our guests,” said Najla Kayyem, senior vice president of marketing. “In this ever-changing industry, it is more important now than ever that we stay focused on how we can create positive impact through innovation and not being scared to try new things.”
In 2019, PRCP centers took home three ICSC MAXI Awards, including a gold, and in 2018, they took home seven awards including the Special Distinction Innovation Award.
Tags:
Brokerage
MORE FROM Brokerage
Retreat at 490 Wheeler Rd. in Hauppauge
Hauppauge, NY Robert Raffa and Robert Monahan of Island Associates helped to negotiate a long-term lease for Retreat, a non-profit organization located at 490
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
