NAIOP History Points
1967 – Founded in Philadelphia to support a special niche: industrial parks. Nine individuals first met on September 12, 1967.
1967 – (name) National Association of Industrial Parks (NAIP)
1968 – 70 members strong, NAIP held its first annual meeting on October 23, 1968, in Pittsburgh.
1970 – First chapter in NAIOP New Jersey
1971 – NAIOP’s first legislative victory: the eventual exemption (passed in 1974) of qualified industrial parks from the Interstate Land Sales Act.
1973 – NAIOP offers its first course: Industrial Park Development
1974 – First Developer of the Year honored
1974 – NAIOP legislative efforts focus on EPA, Interstate Land Sales Act, Common Situs Picketing, Federal Flood Control Insurance, and Building Energy Conservation Act
1976 – (name) National Association of Industrial and Office Parks (NAIOP)
1976 – 654 members
1978 – NAIOP establishes Project Analysis program that brought seasoned industry veterans to evaluate and make recommendations for real estate projects
1986 – NAIOP leads legislative efforts to defend the industry against the 1986 Tax Reform Act that disincentivized investment in real estate and created a decline in the industry.
1988 – 7,500 members
1989 – Economic downturn with widespread bankruptcy among savings and loans. NAIOP was proactive in helping to find solutions to the “capital crunch” and was an active partner in the Economic Growth Alliance, an industry coalition dedicated to generating broad-based support to stabilize real estate values.
1993 – 4,449 members
1995 – (name) National Association of Industrial and Office Properties (NAIOP)
1995 – National Forums program launches
1995 – Commercial real estate industry emerged from what was at that time thought to be one of the worst down cycles. NAIOP’s members had remained competitive by broadening the sphere of their activities, with many being active in urban as well as suburban parks.
2000 – NAIOP Research Foundation established to conduct industry research
2005 – Sustainable Development Award is introduced, recognizing members’ green development initiatives
2006 – NAIOP launches the Developing Leaders program
2008 – 18,000 members in 57 chapters
2009 – (name) NAIOP, the Commercial Real Estate Development Association
2009 – Peak of the Great Recession; NAIOP introduces the Four Point Promise that captures the specific steps the association is taking to provide solutions that sustain its members businesses and facilitate returning the industry to good health.
2010 – NAIOP introduces Industrial Space Demand Forecast that analyzes important economic factors and net absorption data to predict future demand for industrial real estate.
2012 – NAIOP introduces design competition that envisions the future of real estate development
2014 – 15,000 members
2014 – NAIOP represents industry on Waters of the United States rulemaking with EPA and the Army Corps of Engineers, protecting members’ land and development interests
2015 – NAIOP strengthens CRE diversity with resources, best practices
2015 – Successful legislative efforts to make permanent a tax provision that is critical to providing consistency and simplicity for commercial real estate developers, owners and investors: 15-year qualified leasehold improvement depreciation.
2015 – NAIOP efforts lead to renewal of Terrorism Risk Insurance Act by U.S. Congress
2016 – NAIOP leads industry efforts on bipartisan legislation on energy efficiency standards in commercial buildings
2017 – Membership tops 18,000; NAIOP celebrates 50th anniversary
Reverse Time Capsule
Celebrating NAIOP’s 50th anniversary leads us to look ahead to the next 50 years, and we invite you to join us by envisioning the future of commercial real estate.
We’re creating a “reverse time capsule” that captures what our members and chapters predict for the future of both NAIOP and commercial real estate, specifically regarding the year 2042 (NAIOP’s 75th anniversary), as viewed from the present.
No idea is out of bounds: what will office space look like? Will we live, work and have e-commerce fulfillment all in one building? What will autonomous vehicles do for our roads, parking and garages? How many chapters will NAIOP have, and how many members?
Be creative and submit your best ideas! Selected submissions will be featured in various NAIOP publications, and the time capsule will be sealed at CRE.Converge, NAIOP’s fall conference this fall in Chicago.
Submissions are due by June 30, 2017. To add your predictions, complete this form and hit submit.