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Summer 2019 Issue

New Albany Ohio

An Ohio Suburb's Strategy to Win Business Investments

By: Jennifer Chrysler

New Albany, about 15 miles northeast of downtown Columbus, maximizes the planning process to beat major cities in the development sweepstakes.      

Two Summerlin

Two Summerlin: An Office Building with a Unique Exterior Skin

By: Lori M. Lea, AECIndustryPro.com

Custom precast panels and energy-efficient elements help set this award-winning project apart.      

national forum attendees

NAIOP's National Forums: The Power of Relationships

By: Rich Tucker

Five members of the association’s Deal and Investment Concepts Forum tell how members bond through relevant, in-depth conversations in a noncompetitive setting.      

Must-Read Articles

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The Northern Influence of Commercial Real Estate

By: Rich Tucker
The industry’s impact on Canada is the focus of a new NAIOP research report.
construction costs

Construction Costs Outlook

By: Ken Simonson, Associated General Contractors of America
After a brief retreat, outlays for materials are poised to increase; meanwhile, compensation for workers continues to climb.
5G wireless

The Future of 5G in the Commercial Real Estate Industry

By: Jeff Gudewicz, Wilson Electronics
A reliable cellular and data network will be vital for a wide range of businesses and other activities.
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Industrial Sector to Remain Strong in 2019 as Economy Steadies

By: Various
The NAIOP Industrial Space Demand Forecast sees few changes from 2018.
retail data

Data Drives Decision-Making in Retail Real Estate

By: Stacy Engles Wipfler, Husch Blackwell
Analytics can guide store size and configuration, help save money and improve customer engagement.

Related Research and Publications

Working Together as a Team: Negotiating With Tenants and Leasing Space During COVID-19

By: Shawn Moura, Ph.D., Director of Research, NAIOP Research Foundation
This research brief draws from interviews with brokers and building owners, news sources, NAIOP webinars, and NAIOP survey data to identify best practices for triaging office and industrial tenant requests, offering reasonable accommodations to those tenants who need short-term assistance, and responding to uncooperative tenants. The brief also examines how owners are adapting the ways they show and lease space to new tenant preferences and safety expectations.

Using Capital Improvements to Create Competitive Advantage in the COVID-19 Era

By: Dustin C. Read, Ph.D./J.D., Associate Professor, Virginia Tech and Sam Kuprianov, undergraduate Real Estate major, Virginia Tech Research Foundation
This brief evaluates the merits of frequently discussed capital investments and their potential to create durable competitive advantages. It draws from an analysis of recent coverage in commercial real estate trade publications, as well as conversations with seven industry practitioners that took place in June 2020.

Industrial Space Demand Forecast, Third Quarter 2020

By: Dr. Hany Guirguis, Manhattan College and Dr. Timothy Savage, New York University Research Foundation
Although industrial real estate has outperformed other commercial property types this year due to a surge in e-commerce, broader macroeconomic indicators suggest industrial space absorption will decline sharply in Q3 2020 and then rebound to positive levels in Q2 2021.

Perspectives

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From the Editor: Swimming in Oceans of Information

By: Jennifer LeFurgy
The digital revolution is shifting how we relate to each other and the world.

CEO on Leadership: Mark Saturno, CEO, IDI Logistics

By: Ron Derven
The leader of this Atlanta, Georgia, industrial development firm reflects on its purchase by two Canadian public pension funds and its strategy to develop logistics buildings in coastal and gateway markets.

Coinsurance: The Misunderstood Property Insurance Pitfall

By: James Eldredge
How often should you review your property insurance policy to make sure you’re fully covered?

Chapter Profile: NAIOP Wisconsin

By: Trey Barrineau
Foxconn has grabbed a lot of headlines, but that’s not the only thing going on in commercial real estate in the Badger State.

Diversity and Inclusion: 'You Have to Have This Conversation'

By: Trey Barrineau
Industry leaders share advice on how to turn lofty ideals into concrete plans for action.

Positive Themes Continue to Shape CRE

By: Greg Fuller
We’re halfway through 2019, and the general outlook of our members remains positive as the industry and economy continue to operate on all cylinders.

Additional Articles

distribution center

Tee-Commerce: Acing the Golf-Course Conversion

By: Steve Kros, Transwestern Development Co.
With acres of open space in prime locations, abandoned golf courses can be ideal spots for infill warehouse and distribution facilities.
public spaces

Activating Public Spaces Can Attract Users, Create Community

By: Angelo Carusi, Cooper Carry
A Nashville-area mixed-use development illustrates the uplifting potential of landscape architecture.

Intelligent Security Strategies Can Support Smart Buildings

By: Hank Monaco, Johnson Controls
Interconnected security systems help make for safer, more efficient facilities.
new and noteworthy

New & Noteworthy

By: Trey Barrineau
An assortment of brief facts and figures about new and noteworthy development projects.

Some Property Owners Could Face Surprising Tax Bills

By: Dan Thrailkill, Ellin & Tucker
A drafting error in the recent tax reform law has the potential to take a big bite out of the bottom line for developers who renovate properties for new tenants.
microsoft schipol airport

Microsoft's Workplace Strategy for Sales Offices Evolves

By: Doug Lowrie, Microsoft
Flexible space is now key for the technology giant, which recently overhauled the way it markets its products.
sustainable hotel development

The Hotel Sector Can Profitably Embrace Sustainable Development

By: Hyon K. Rah, RAH Solutions
Green practices aren’t just for eco-hotels; all types of lodgings can benefit, too.
modern stormwater technologies

Blue, Green and Smart: New Land-Use Patterns Drive Modern Stormwater Technologies

By: Anthony Mayer, Hanging Gardens LLC
As densities increase, environmentally advanced infrastructure and systems can help developers manage runoff in cities.

Parking Perplexities: Developers Face New, Growing Challenges

By: Mark L. Elliott, David C. Kirk and Jenna E. Lee, Troutman Sanders LLP
Shared parking paired with technology offers solutions for changes in building usage.

Research Foundation Report

This research brief provides an overview of best practices in improving safety against the coronavirus for building owners and employers. It focuses on immediate measures to improve building safety. Available Now!

Navigating a Safe Return to Work