Mike Pappagallo

Mike Pappagallo

Former COO 2010-2013 and CFO 1997-2010

In formulating our views for the retail real estate market in 2013, I keep going back to the notion of a pendulum swinging. There’s reason to be both optimistic as well as cautious about nearly every issue and trend that could impact the industry this year.… Read More

If you’re a landlord or property manager, you know that leasing your small shop space has become increasingly challenging. Retail follows jobs and housing, and the recovery on both of these fronts has been slow.

Small business lending has showed lackluster growth, and competition from big box and online retailers continues to threaten small shops.… Read More

Hear that? That’s the sound of retailers across the country catching their second wind for the big holiday shopping finale. As you’ve probably already read, consumers spent $11.4 billion on Black Friday, $52.4 billion over Black Friday weekend, and $1.25 billion on Cyber Monday — all record numbers.… Read More

At the beginning of this year, we wrote about the 12 trends we thought the retail real estate market should be watching in 2012. Now that Q1 and Q2 are in the books, we wanted to take a fresh look at those trends, and reflect on how they’re playing out and where they’re heading as we continue to move forward in 2012.… Read More

Earlier this year we blogged about 12 retail real estate trends to watch in 2012. We’ve gotten a number of responses to it, including this one from Eric Odem, Principle Broker for Net Lease Commercial Advisory in Tampa, Fla.:

Mike, as the average age of our US malls continues to increase, when do you think we will start to see meaningful rework of the old style mall to become more sensitive to the shrinking large box and e-tailers?

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Walking around the ICSC conference last week, you knew it wasn’t 2009 anymore. Attendance was up this year, resulting in over 6,500 attendees, and there was more energy, activity, and buzz in the crowd as many retailers are in better financial and operating positions than they were just a few years ago.… Read More

Driving increased foot traffic is an ongoing challenge for shopping center owners and tenants. Beth Azor offered to contribute a guest post to our blog with some successful tactics and strategies she has used at her shopping centers and seen around the industry for driving foot traffic.… Read More

There are several factors anchoring our thinking as to how 2012 will play out for the retail real estate market. We look at the market trends that have shaped and are continuing to shape the industry, the economic climate domestically and abroad, as well as activity happening in our portfolio and the trends we’re seeing among our tenants.… Read More

Kimco founder Milton Cooper bet his company during the dark days for real estate in 1991. He brought it public, marking the first REIT IPO in a long time. Today, 20 years later, the Kimco community is celebrating that watershed moment for the company and the REIT industry.… Read More