ICSC One-on-One Mentoring Program Surpasses 1,000 Meetings

NEW YORK, January 5, 2011 -- The International Council of Shopping Centers announced today that its one-on-one mentoring program has surpassed 1,000 meetings. The ICSC one-on-one mentoring program was originally instituted as a component of the Reconnect Pavilion which was launched at RECon in 2009. The individual mentoring sessions were the most successful component of the initiative, with 200 sessions taking place during its debut.

"The Reconnect Pavilion was designed to serve industry professionals in transition -- either looking for a new job or considering a career change within the industry -- primarily over the course of the recession," said Michael P. Kercheval, president and CEO of ICSC. "With the economic recovery beginning to take hold, it was clear that the Reconnect Pavilion had served its purposes and was no longer necessary, however, the overwhelming success of the individual mentoring sessions could not be ignored as our members proved there was clearly a need for this service. As such, ICSC decided to allow the mentoring program to take on a life of its own and so we incorporated it into a few of our larger conferences," added Kercheval.

In 2009 and 2010 the individual mentoring sessions were added, in addition to RECon, to ICSC's Florida Conference, Western Division Conference, CenterBuild Conference and New York Deal Making Conference. The session's pair mentors, senior level industry professionals, with mentees, ICSC student members or young professionals, based on mutual industry interests and are focused on general career advice, not potential deals or job opportunities within the mentor's company.

The program has been very well received by mentees and mentors alike. Guillermo Gonzalez, a mentee from Arizona State University wrote his mentor Stan Glantz, executive vice president and chief operating officer of development, Konover Development Corporation, thanking him for the session:

"Thank you for the opportunity to meet with you during the ICSC CenterBuild Mentoring Sessions. Sharing your expertise and career advice on how to break into the real estate development industry has made this a rewarding and successful experience for me. Your insights for adjusting my career track, given the current challenging market, together with your personal experience on how you got started in this business, will contribute to a successful year in my MRED education. Your investment in the mentoring process truly affects my professional transition from architectural design to the real estate business as well as my overall student learning experience."

Gary D. Rappaport, chief executive officer of the Rappaport Companies and past ICSC chairman, was equally impressed with the program:

"Thank you for affording me the opportunity to participate in the ICSC mentoring program, it was truly a rewarding experience. I am always happy to help young professionals who are passionate about the retail real estate industry and lend whatever guidance I am able to in helping them achieve their goals. The mentoring program is not only a fantastic way to give back, but it is also an opportunity to meet with and guide some of the potential future leaders of this great industry."

About ICSC
Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 55,000 members in over 90 countries include 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. For more information, visit icsc.org.

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