Our Mission

Learn who we are and how we serve our community


Meet our leaders, trustees and team

ICSC Foundation

Support up-and-coming professionals

ICSC Exchange

Catch up on industry ideas, news and views


Check out wide-ranging resources that educate and inspire

Global Public Policy

Learn about the governmental initiatives we support


Connect with other professionals at a local, regional or national event

Professional Development

Grow your skills online, in a class or at an event with expert guidance

Find Members

Access our Member Directory and connect with colleagues

Find Outlets

Get data and contact information for shopping outlets

Talent HQ

Search and post jobs, upload your resume or find qualified candidates

Become a Member

Learn about how to join ICSC and the benefits of membership

Renew Membership

Stay connected with ICSC and continue to receive membership benefits


Cap rates to stabilize in second half: Report

March 8, 2019

Cap rates for stabilized and value-add retail properties increased across all segments during the second half of 2018, and professionals expect them to remain stable for the first half of this year, according to CBRE.

Demand for high-quality retail real estate remained strong, with stabilized cap rates for class-A properties across all three sectors — malls, neighborhood/community centers and power centers — ranging from 4.79 percent to 7.84 percent, CBRE reported in a North American survey.

Power center cap rates increased by an average of 13 basis points in the second half, to 8.42 percent, following a spate of store-closure announcements.

For the first half of this year, CBRE professionals anticipate that cap rates will remain unchanged for power centers and neighborhood/community center–stabilized properties alike, or else to rise by no more than 25 basis points, if that.

Download the full report.

By Edmund Mander

Director, Editor-In-Chief/SCT

Save on getting the scoop

Our members get discounted publications, access to ICSC Exchange, and a free subscription to Shopping Centers Today.

Join ICSC today