PRESS ROOMMEDIA COVERAGE ARCHIVE
Six Takeaways from RECon 2018, Day One
National Real Estate Investor May 22, 2018Joseph Cosenza, vice chairman at The Inland Real Estate Group, LLC, says retailer rightsizing can be a positive development. Cosenza points to Kohl’s move to reduce space and partner with grocer Aldi, which has proved a success, as well as the fact that some retailers, like cosmetics seller Ulta and Amazon-owned grocery chain Whole Foods, are expanding. Retailers have to focus on modernizing their physical spaces and having a product that can’t be bought with the click of a mouse through Amazon, Cosenza notes. His one piece of advice to those navigating these changes? “Don’t panic, get smart.”
Read More >RECon Exhibitors Gear Up for Industry’s Biggest Event
ICSC May 18, 2018Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC, says his calendar is booked solid with appointments and with parties in the evenings. Well over 100 people affiliated with the company are at RECon this year, making that firm among the meeting’s largest contingents.
Read More >After Hours
The Daily Herald Business Ledger May 18, 2018Keith Lampi, president and chief operating officer of Inland Private Capital Corporation, was honored with the Under 40 Business Leadership Recognition Award by the Greater Oak Brook Chamber of Commerce. The award was presented by Susan Lindquist, chairwoman of the Greater Oak Brook Chamber of Commerce and chief talent officer at BCS Financial Corporation; and Dan Wagner, vice chairman of the Greater Oak Brook Chamber of Commerce and senior vice president of government relations, The Inland Real Estate Group of Companies, Inc.
Read More >The Retail World Descends on Las Vegas in Search of Some Optimism
CoStar May 18, 2018
Many blame Amazon and e-commerce as the culprits for the downfall of brick-and-mortar stores. But despite all the inroads online shopping has made, it still accounts for only 9.5 percent of all retail sales, according to the government. That’s the silver lining for real estate executives like Joe Cosenza, vice chairman of Chicago-based The Inland Real Estate Group, LLC. "I love all the negative comments that are being made on retail," he said, noting that retail properties account for $27 billion worth of Inland’s $46 billion portfolio. "Have people stopped eating at home or bringing lunch to work? No. Have people stopped picking up a bottle of wine or a six-pack on their way home? No.”
Interview Record Broken For RECon
CRE Radio & TV May 18, 2018
CRE Radio & TV will be at ICSC RECon 2018 with its longest list of interviewees ever, including Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC, and Mitchell Sabshon, CEO and president of Inland Real Estate Investment Corporation.
ICSC RECon Booth Highlights
Chain Store Age May 17, 2018The International Council of Shopping Centers is expecting a huge crowd at the 2018 ICSC RECon Global Retail Real Estate Convention, which runs from May 20–23 in Las Vegas. The Inland Real Estate Group of Companies, Inc.’s booth will be featured in the Central Hall #C1027.
Clow Property in Naperville Sold for $5.6 Million
The Daily Herald Business Ledger May 16, 2018Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of the Clow family property at 103rd and Book Road in Naperville for $5.6 million.
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