Cincinnati retail rolling the dice: ICSC RECon event brought dealmakers of all stripes to Las Vegas

Phillips Edison: 1,000 meetings in 3 days

Cincinnati companies took a variety of approaches to the retail industry's largest annual leasing convention, ICSC RECon 2014, from the small army of deal makers who trekked to Las Vegas for Blue Ash –based Phillips Edison & Co. to the solo flyers like Mark Sennett, who is trying to bring a Kroger-anchored grocery center to the rural Butler County community of Maustown.

"We'll have over a thousand meetings over a period of three days," said Bob Myers, chief operating officer at Phillips Edison, which acquires and operates grocery-anchored retail centers. "We brought out 72 associates during the show. We're meeting with retailers, landlords, developers, investment bankers. It's a great opportunity to do a large portion of our business for the year."

WCPO sent Busines Reporter Dan Monk to the ICSC event to gather new detail on the Tri-State's changing retail landscape.

How else would we learn that Sennett, owner and CEO of Beckmark Inc., was pitching the Kroger on a new potential site for a Liberty Township store. 

Kroger is looking to build a new Marketplace store in the West Chester area. But a developer's request for a zone change was shot down in March by West Chester Township trustees.

So, Sennett made his first trip to ICSC in seven years, hoping to interest Kroger in an 18.5 acre site he has under option on State Route 747 north of Milliken Road.

"Liberty Township is very limited on commercial space available," Sennett said. "I think if I come back with not just Kroger but some additional out lots, I could get zoning. I feel the people around it would support it."

Become a WCPO Insider to learn how others, including Oakley Station, Tri-County Mall and Colerain Township fared at the big retail trade show.

 

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