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Trammell Crow Company Timeless, Innovative, Entrepreneurial

By: Ron Derven

This year’s award winner has long been a pioneer in the development of top-quality commercial real estate assets.

Fall 2017 Issue

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CRE Development Opportunities In Public-private Infrastructure Partnerships

By: James M. Mulligan and Andrea Austin

Public-private partnerships are emerging as a mechanism that marries the funding of public facilities like courthouses, libraries, government offices and more with private commercial development.

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From Obsolete Property to Modern Distribution Facility

By: Matt Goode

A great location plus smart design result in fast lease-up of a last-mile distribution facility on Chicago’s South Side

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The Summit at Fritz Farm

By: Lindsay Bayer Shipp and Molly Mackenzie

Engaging regional “brand ambassadors” results in authentic placemaking for a mixed-use retail destination in Lexington, Kentucky.

Must-Read Articles

Trends in Square Feet per Office Employee: An Update

By: Adrian Ponsen
Is the push for office space efficiency a silent killer for the U.S. office market?

Reinventing the Mall Shopping Experience

By: Najla Kayyem
A shopping center owner uses digital technology to transform a traditional retail center into a vibrant community hub.

Master Planning: A Powerful Tool to Add Value to CRE Developments

By: Nitin B. Desai and Philip Wilkinson Jr.
A master plan can help a developer strike the right balance between long-range investment objectives and the right mix of programmatic elements.

Bringing the Outside In

By: Roger Heerema
A fresh-air, 28th-floor amenity lounge has transformed a Chicago office tower.

Evaluating Cap Rate Investment Strategies

By: Mark J. Eppli
Which cap rate investment strategy generates the best return?

Smart Energy Retrofit in Chicago

By: Consolato Gattuso
Installing wireless pneumatic thermostats controlled by smart buildings software at 311 South Wacker Drive has significantly reduced HVAC energy use and increased tenant comfort.

RELATED RESEARCH AND PUBLICATIONS

Industrial Space Demand Forecast, First Quarter 2025

By: Hany Guirguis, Ph.D., Manhattan College and Joshua Harris, Ph.D., Fordham University
In the second half of 2024, U.S. industrial net absorption totaled 96.9 million square feet, bringing the annual total to just 170.8 million square feet. This is the lowest annual rate since 2011, as long-term interest rates remained elevated despite the Federal Reserve’s initial cuts to the federal funds rate.

Economic Impacts of Commercial Real Estate, 2025 U.S. Edition

By: Brian Lewandowski, Adam Illig, Ethan Street and Richard Wobbekind, Ph.D.
Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.

Office Space Demand Forecast, Fourth Quarter 2024

By: Hany Guirguis, Ph.D., Manhattan College and Joshua Harris, Ph.D., CRE, CAIA, Fordham University
Net office space absorption in the fourth quarter of 2024 is expected to be 9.4 million square feet, with another 10.8 million square feet of positive absorption for the full year in 2025 and 3.9 million square feet of positive absorption in the first three quarters of 2026.

PERSPECTIVES

CEO on Leadership: Jaclynn Walsh

By: Ron Derven
The president and COO of this Milwaukee-based diversified commercial real estate development company shares her insights on the industry.

Sound Bites from NAIOP's I.CON Conferences


Sound Bites from I.CON ‘17: Impact Projects and I.CON ’17: Trends and Forecasts

The New Rate of Progress

By: Jonathan Tratt
Technology is rapidly revolutionizing business, politics and even fashion

Six Students Receive NAIOP Diversity CRE Scholarships

By: Hannah Buckles
NAIOP has awarded its second Diversity CRE Scholarships to graduate and undergraduate students in commercial real estate from backgrounds that have traditionally been underrepresented in the industry.

ADDITIONAL ARTICLES

Creating New Housing Units From Thin Air

By: Yat-Pang Au
San Francisco has passed legislation that enables the development of accessory dwelling units in previously underused parts of existing multifamily buildings.

Exclusivity Provisions in Commercial Leases

By: Steven D. Weber
Exclusivity provisions can give tenants the right to operate a particular type of business as well as prevent other tenants from using their space in certain ways, with lasting implications for both landlords and tenants.

Ride-hailing Becomes a CRE Amenity

By: Camille Galdes
Transportation demand management strategies, which increasingly include ride-hailing services, have evolved from a negotiating tool to an amenity.

Ambient Scenting and Commercial Real Estate

By: Adrienne Schmitz
Retailers, shopping centers, hotels and even hospitals are using scent to enhance the user experience and improve their bottom line.

Negotiating Loan Guarantees and Cost Overruns in Development Joint Venture Agreements

By: Eric D. Lemont
Real estate development joint ventures often require lengthy and complex negotiations regarding construction loan guarantees and cost overruns.

Construction Defects Litigation Reform in Colorado

By: Kathie Barstnar
Five years, a coalition of more than 55 organizations and 41 mayors, nearly $900,000 spent on social media and communications, and countless hours at the negotiating table finally resulted in victory around the issue of “construction defects litigation reform” in Colorado.

Space as a Service

By: Antony Slumbers
As work becomes more flexible, so will the workplace.

The Rise of Commercial Edible Garden Beds

By: Lara Hermanson
Incorporating agriculture into office and industrial parks can provide multiple benefits for developers, property owners and tenants, including expedited development approvals.

Private Equity Finance and Securities Compliance for Real Estate Developers

By: Suzanne Mulvihill
Developers and property owners must understand the risks involved in recruiting passive investors.

Farm-to-table Dining Goes High Tech at Microsoft

By: Mark Freeman
Microsoft’s high-tech urban farming project provides employees and guests with thousands of pounds of lettuce and microgreens each year.

Tenant Communications: Connecting With People Who Are Always Connected

By: Michael Broder
How you say things says a lot, and can have a big impact on tenant retention and rent premiums.

Electric Shuttle Buses Come to Chicago

By: Amanda Tran
JLL and Proterra provide the nation’s first all-battery-powered commercial electric bus fleet.

New & Noteworthy Projects


An assortment of brief facts and figures about new and noteworthy development projects.

ARCHIVED ISSUES

View All Archived Issues
Cover1ArchiveImage Winter 2024/2025 Issue

Development magazine’s winter issue delves into the evolving uses of artificial intelligence in the commercial real estate industry, from lease management and building operations to portfolio assessment and data analysis.  
ArchiveCoverCrescent Fall 2024 Issue

Development magazine’s Fall issue profiles Crescent Communities, explores the growing impact of spaceport real estate around Houston and along Florida’s Space Coast, the commitment to prioritize employee well-being and environmental stewardship in the design of REI Co-op’s latest distribution center, and the innovations involved in the development of EVE (Electric Vehicle Enclave) Park in London, Ontario.

 
Summer Summer 2024 Issue

This issue features a cover story on The Stack, the first high-rise office project in Canada to earn Zero Carbon Building Design certification. Other feature articles examine the new realities of CRE investing across different sectors, the challenges of finding move-in-ready space for advanced manufacturing startups, and lessons learned from Mark IV’s acquisition and master planning of a 4,300-acre Opportunity Zone industrial project in northern Nevada.  
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