Today’s industrial users are looking beyond rental rates to consider transportation and inventory carrying costs when making location decisions.

Spring 2017 Issue

Transforming an Industrial Building for Carnegie Robotics

By: Adrienne Schmitz

RIDC, a nonprofit developer in Pittsburgh, has converted a long-vacant factory building in a now-hip neighborhood into an industrial robotics facility.

Redeveloping Newspaper Headquarters

By: Patricia Raich and Julia Georgules

Redevelopment of former newspaper headquarters and other facilities is becoming big business in more markets, as news companies offload valuable real estate with great structural bones in high-quality locations.

Bulfinch Crossing The Next Phase of Urban Revitalization in Boston

By: Thomas N. O'Brien

A 4.8-acre mixed-use, transit-oriented development on the site of the Government Center Garage aims to meet the future needs of Bostonians.

Must-Read Articles

Data Center Outlook

By: Kelly McBride, Jeff Groh, and Allen Tucker
Increasing demand for cloud-based services is fueling data center leasing activity.

Creative Industrial Workspaces

By: Adam Robinson
As industrial users consolidate operations under one roof, “creative industrial” is becoming the future of industrial space.

Taller Wood Buildings Coming Soon

By: Steve White
Mass timber is becoming a mainstream material for high-rise buildings.

The Third Place in the Modern Office

By: Gary Miciunas
“Third places,” both in common areas and within tenant spaces, can add value to office buildings.

Why Investors Are Flocking to Student Housing

By: Paula Poskon
Purpose-built student housing has matured into an institutionally acceptable asset class.

Plantscaping and the Value of Biophilic Design

By: Kenneth Freeman
Interior plantings can make a big impact on LEED and/or WELL certification ----- and on building occupants’ comfort and productivity.

RELATED RESEARCH AND PUBLICATIONS

By: Mariya Letdin, Ph.D., Dustin C. Read, Ph.D., J.D. and Spenser Robinson, DBA
The NAIOP Research Foundation commissioned this report to examine best practices in recruitment, training and retention for commercial real estate development firms. The study draws on interviews and focus groups with developers, interviews with executive recruiters, and a survey of NAIOP members.
By: Hany Guirguis, Ph.D., Manhattan College and Joshua Harris, Ph.D., CRE, CAIA, Fordham University
The office market performed worse in the first quarter of 2024 than previously forecast, with national office net absorption totaling a negative 13.4 million square feet. Office utilization has remained relatively flat since the beginning of the year as evidenced by building-access records. A reversal in optimism about the economy in late 2023 may have led firms to pause or scale back expansion plans. Elevated interest rates are constraining corporate earnings and firms’ ability to expand their operations, which appears likely to continue, at least in the near term. Given these trends and the possibility of a recession in 2024, net office space absorption over the last three quarters of 2024 is expected to be negative 11.8 million square feet. Moving forward, the forecast projects that net absorption will increase slightly in 2025 and will total approximately negative 4.5 million square feet.
By: Spenser Robinson, DBA
For the 2024 edition of Commercial Real Estate Terms and Definitions, the author reviewed secondary sources and sought input from members of the national research directors group as well as other CRE practitioners to identify terms that needed to be added or amended to match current use.

PERSPECTIVES

By: Ron Derven
The CEO of the Canadian operation of a major global real estate services firm with more than 43,000 employees in over 60 countries offers his perspectives on leading and growing the business up north.
By: Julie Eisenhauer
CRE companies must take proactive steps to develop succession plans for management and other key positions.
By: Rachel Brown, freelance writer
A CRE services and investment organization has long recognized the value of a diverse workforce.
By: Jonathan Tratt
As chairman of NAIOP, I intend to share my story of what NAIOP means to me and how members can take advantage of the numerous professional resources, leadership opportunities at the local and Corporate level, legislative activities and valuable connections that membership offers.

ADDITIONAL ARTICLES

By: Allie Nicodemo
Researchers are exploring new materials and smart sensors, paving the way to better transportation infrastructure.
By: Sam Black
Corporate sustainability efforts vary widely in their approaches to real estate.
By: Toby Burke
NAIOP and its members must be on the lookout for local initiatives driven by national organizations that could impact commercial real estate.
By: Terence Tyson
Upgrades to walls, ceilings and floors can mute disruptive noise and vibration.
By: Robert T. Dunphy
About a third of the suburban office developers responding to a recent NAIOP survey have already added parking to existing properties; even more expect parking ratios to rise in the future.

The economic development authorities listed in this annual guide can help you attract businesses to your area and to your developments.
By: Edward D. Meyette
New regulations create more cost segregation complexities and opportunities, making tax planning more complicated.
By: Tim Flanagan
Sensors, software and apps make dynamic pricing feasible — and profitable.
By: Julie D. Stern
An assortment of brief facts and figures about new and noteworthy development projects.

ARCHIVED ISSUES

View All Archived Issues
Spring Spring 2024 Issue

This issue includes a cover story on the Judson Mill District, a mixed-use textile mill revitalization project in Greenville, South Carolina. Other feature articles shine a spotlight on two innovative redevelopment projects that are converting closed auto assembly sites into new uses; the first locally grown, locally sourced mass timber building in the Southeast (Atlanta); and Marquette University’s Summer CRE High School Immersion Program.

Winter20232024Archive Winter 2023/2024 Issue

The winter 2023/2024 issue of Development magazine includes the boom in data center real estate development, economist’s take on what’s working and what’s not working in commercial real estate, a perspective on how artificial intelligence may reshape real estate, and a report on the outlook for capital markets, office, retail and industrial real estate.  

Cover Fall 2023 Issue

The fall 2023 issue of Development magazine features a cover story on NAIOP’s Developer of the Year, VanTrust Real Estate. Other articles include a look at a logistics prototype for dense urban areas, a conversation with author and demographer Joel Kotkin and the challenging renovation of a Seattle landmark.