International Council of Shopping Centers

Last updated
ICSC
AbbreviationICSC
Formation1957
TypeTrade Association
Headquarters 1251 Avenue of the Americas
New York, NY 10020
U.S.
Website www.icsc.com
Headquarters of ICSC at 1251 Avenue of the Americas (north skyscraper) in Midtown Manhattan, New York City, United States. 1251 Avenue of the Americas.JPG
Headquarters of ICSC at 1251 Avenue of the Americas (north skyscraper) in Midtown Manhattan, New York City, United States.

The International Council of Shopping Centers, doing business as ICSC, is the global trade association of what it calls the "Marketplaces Industry" (i.e., shopping centers, shopping malls, and all other retail real estate).

Contents

History

Founded in 1957, it features more than 70,000 members in over 100 countries, including shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world. [1]

In July 2021, ICSC rebranded itself in terms of its initials alone, and adopted the tagline "Innovating Commerce Serving Communities". [2]

In September 2015, ICSC announced that Tom McGee, [3] former vice chairman at Deloitte LLP, [4] the world’s largest professional services organization, would serve as its new president and CEO. McGee was only the fourth person to head ICSC in its 65-year history. He succeeded retired President and CEO Michael P. Kercheval. [3]

The International Council of Shopping Centers (ICSC) hosts events throughout the year, for professionals in the retail real estate industry. These events range from large-scale conferences like ICSC Las Vegas [5] [6] [7] and ICSC New York. [8] [9]

Worldwide Relationships

ICSC maintains mutually beneficial relationships with national shopping center councils throughout the world. [10] The national and regional councils are:

Classification of shopping centers

The ICSC publishes a standardized classification of shopping centers based on size and characteristics: see Shopping center#Types.

References

  1. "About ICSC" . Retrieved 11 November 2022.
  2. Thomas, Lauren (19 July 2021). "Retail real estate trade group grapples with post-pandemic landscape, changes name". CNBC. Retrieved 5 November 2021.
  3. 1 2 "The Secret Art of Selecting Sites for Shops and Drive-Thrus". Bloomberg.com. 2024-02-05. Retrieved 2024-12-18.
  4. Parker, Jennifer Leigh (5 October 2011). "Between Wall Street and Main Street: Your Guide to the Middle Market". CNBC. Archived from the original on 2024-08-28. Retrieved 2024-12-18.
  5. Partners, Progressive Real Estate (2022-05-27). "Return of Annual ICSC Las Vegas Convention is a Success". Progressive Real Estate Partners. Retrieved 2024-12-30.
  6. Farr, Rachel Herzog and Isabella (2023-05-23). ""Office is for morons": Retail brokers live high life at ICSC". The Real Deal. Retrieved 2024-12-30.
  7. "Learning on the Geaux: Professional Conferences". www.lsu.edu. Retrieved 2024-12-30.
  8. "ICSC New York Deal Making - International Council of Shopping Centers | Events in America". eventsinamerica.com. Retrieved 2024-12-30.
  9. Moin, David (2024-12-11). "ICSC New York to Tackle Repurposing Property, Housing Creation, Rates and Taxes". WWD. Retrieved 2024-12-30.
  10. "Affiliates Directory". March 2014. Archived from the original on 2014-03-05. Retrieved 2014-03-05.