International Council of Shopping Centers (ICSC)

Overview

The International Council of Shopping Centers (ICSC) is a world-renowned nonprofit association dedicated to supporting the shopping center and retail real estate industries. Known for providing valuable resources, insights, and networking opportunities, the ICSC plays a foundational role in the growth and sustainability of shopping centers globally. The organization serves as a hub for market information, educational programs, and professional standards within the industry.

Address:

International Council of Shopping Centers
1221 Avenue of the Americas, 41st Floor
New York, NY 10020-1099
Phone: 646-728-3800
Fax: 732-694-1755
Website: [www.icsc.org](https://www.icsc.org)

Examples

Example 1: ICSC RECon

An annual global convention hosted by ICSC, RECon is the world’s largest retail real estate exhibition and conference. It attracts over 30,000 attendees who gather to exchange ideas, build partnerships, and gain insights into the latest trends.

Example 2: Research and Publications

ICSC regularly publishes reports, whitepapers, and market research that offer a deep dive into various aspects of the retail real estate industry, from shopping trends to economic impacts.

Example 3: Educational Programs

ICSC offers a range of certification programs, online courses, and workshops designed for professionals at all career stages. These programs cover topics such as leasing strategies, property management, and legal compliance.

Frequently Asked Questions

What is the purpose of ICSC?

Answer: ICSC aims to advance the shopping center industry by providing valuable resources, market insights, educational opportunities, and advocating for industry-friendly policies.

Who can become a member of ICSC?

Answer: Membership is open to a wide range of professionals, including developers, retailers, financial institutions, and service providers involved in the shopping center industry.

How can I get involved with ICSC events?

Answer: You can participate in ICSC events by registering through their website. Membership often provides discounted access and priority registration to numerous networking and educational events.

What are the benefits of ICSC membership?

Answer: Benefits include access to proprietary research publications, networking opportunities at global events, special discounts on educational programs, and advocacy services.

Is ICSC only focused on the U.S. market?

Answer: No, ICSC supports the shopping center and retail real estate industry globally, with a significant presence and numerous events in Europe, Asia, and other regions.

Shopping Center

Definition: A shopping center is a group of retail and other commercial establishments managed as a single property, typically including shared facilities and services.

Retail Real Estate

Definition: This pertains to properties used for retail purposes, including shopping centers, malls, and individual retail stores.

Leasing

Definition: In the context of retail real estate, leasing refers to the contractual arrangement in which a property owner allows a tenant to use the property in exchange for rent.

Property Management

Definition: The operation, control, and oversight of real estate properties, focusing on the efficient management and conservation of value.

Online Resources

ICSC Website: www.icsc.org
ICSC Global Directory: Access a comprehensive directory of professionals and companies within the shopping center industry.
ICSC Media Hub: Stay updated with the latest news, reports, and insights from ICSC.
European Shopping Centre Trust (ESCT): A foundation closely associated with ICSC that supports educational programs and research in the shopping center industry.

References

“RECon Event Overview,” International Council of Shopping Centers, RECon
“ICSC Publications,” International Council of Shopping Centers, Publications
“ICSC Membership Benefits,” International Council of Shopping Centers, Membership

Suggested Books for Further Studies

“Shopping Centers and Other Retail Properties: Investment, Development, Financing, and Management” - Alan Alexander
“The Retail Champion: 10 Steps to Retail Success” - Clare Rayner
“Retail Development” - Richard Sternlieb
“Urban Retail Economies” by Paula R. Kostiuk and Leonard Marvin Knipe

Real Estate Basics: International Council of Shopping Centers Fundamentals Quiz

### What is the primary purpose of ICSC? - [ ] To develop shopping centers - [ ] To compete with individual retailers - [x] To provide resources, information, and advocacy for the shopping center industry - [ ] To establish retail chains > **Explanation:** The primary purpose of ICSC is to provide resources, information, and advocacy for the shopping center industry. ### What type of industry professionals can be members of ICSC? - [x] Developers, retailers, financial institutions, and service providers - [ ] Students only - [ ] Farm owners - [ ] All business professionals > **Explanation:** Membership is open to various professionals in the shopping center industry, including developers, retailers, financial institutions, and service providers. ### Which of the following events is organized annually by ICSC? - [ ] Black Friday Sale - [ ] National Retail Conference - [x] RECon - [ ] Global Investment Forum > **Explanation:** RECon is an annual global convention organized by ICSC, attracting numerous attendees from the retail real estate sector. ### Does ICSC only operate within the United States? - [ ] Yes - [x] No - [ ] Only in North America - [ ] Only in Europe > **Explanation:** ICSC operates globally, with events and memberships spanning various regions including Europe, Asia, and more. ### Which of these is a benefit of ICSC membership? - [x] Access to proprietary research - [ ] Free retail spaces - [ ] Guaranteed job placements - [ ] Tax deductions > **Explanation:** Benefits of ICSC membership include access to proprietary research, networking, discounts on educational programs, and advocacy services. ### What field does the ICSC predominantly focus on? - [ ] Residential real estate - [ ] Agricultural studies - [x] Retail real estate - [ ] Industrial equipment > **Explanation:** The ICSC predominantly focuses on the retail real estate industry. ### What type of publication can members of ICSC access? - [x] Market research reports - [ ] Fictional novels - [ ] Political news - [ ] Medical journals > **Explanation:** Members of ICSC can access market research reports, which provide insights into various aspects of the retail real estate industry. ### What type of programs does ICSC offer to educate professionals? - [ ] Cooking classes - [ ] Sports training - [x] Certification programs and workshops - [ ] Language courses > **Explanation:** ICSC offers certification programs, online courses, and workshops to educate professionals in the retail real estate industry. ### How can one participate in an ICSC event? - [ ] By invitation only - [x] By registering through the ICSC website - [ ] Through government quota - [ ] Only in-person registrations > **Explanation:** You can participate in ICSC events by registering through their website. Membership often provides discounted access and priority registration. ### What is one major international event hosted by ICSC? - [x] RECon - [ ] Retail World Cup - [ ] Annual Real Estate Festival - [ ] World Shopping Expo > **Explanation:** RECon is a major international event hosted by ICSC, attracting professionals from across the retail real estate industry.