NAIOP celebrates 50 years of advocacy, education and professional excellence.

Summer 2017 Issue

Innovative Financing For Roads and Highways

By: Robert T. Dunphy

New approaches are needed to fix an old problem.

Beyond 72 Degrees and Sunny Inside: Optimizing the Indoor Work Environment

By: Dan Diehl

The conversation about indoor environments is changing as tenants leverage new technologies to support employee productivity.

The Future of Family-owned CRE Businesses

By: Ron Derven

How can family-owned businesses stay competitive in the commercial real estate industry?

The Challenges Of Bringing a Museum to Market

By: Robbie Tarpley Raffish, a freelance writer based in Maryland

Museum development requires collaboration among designers, contractors and museum operators.

Must-Read Articles

A Regulatory Framework for a New Administration

By: Alex Ford
Uncertainty about how the Trump administration will fulfill its promises to vastly decrease the number of federal regulations is creating uncertainty for the CRE industry.

Canadian and U.S. National Industrial Trends

By: David Egan
A comparison of these two North American industrial markets offers some interesting insights.

How Retail Flagships Lead the Fleet

By: James Cook
Flagship stores enable retailers to create a physical embodiment of a brand through design and spectacle — and to experiment with new concepts and technologies.

Potential Pitfalls With Letters of Intent

By: Renee Eshelman, partner, Haight Brown \u0026 Bonesteel LLP, San Francisco
What should landlords do when they discover that “nonbinding” really isn’t?

How to Attract Institutional Capital

By: Kelvin Tetz, partner, and Greg Martin, partner and national real estate practice leader, Moss Adams LLP
Local and regional developers who want to build relationships with institutional investors will need to implement these reporting and operating guidelines.

Cranes and Lanes: The Link Between Transportation Infrastructure and CRE

By: Brian Landes
Transportation infrastructure can have dramatic effects on the value of commercial real estate.

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, contributing editor, Development
The president of an Atlanta-based diversified investment and development company offers his perspectives on the industry.
By: Jonathan Tratt, principal, Tratt Properties, LLC, and 2017 NAIOP Chairman
As I write this, much is happening politically that impacts each of our businesses.

ADDITIONAL ARTICLES

By: Amanda Tran
Food halls offer small-scale opportunities for landlords, operators, chefs and diners.
By: Mark J. Eppli, Bell chair in real estate, Marquette University, and a NAIOP Distinguished Fellow
Is the cap rate to U.S. Treasury comparison an “apples-to-oranges” assessment?
By: Andrew Carpenter
Transit advocacy doesn’t have to move slowly through layers of bureaucracy: in Atlanta, advocates have been mobilizing to improve bus stops in their own neighborhoods.
By: Ken McAllister
A real estate model originally designed to meet the needs of startups and freelancers is customized for the health and beauty industry.
By: Alvaro J. Ribeiro
Living wall systems can be simpler to install and maintain than one might expect — and can have meaningful impacts on building owners and occupants.
By: Katherine Ringrose-Poole
This professional development program has proven to be a sound investment that benefits the company’s brand, professionals and clients.
By: Sam Arden, Peyton Nunez and Irene Vander Els
Site work that results in stormwater runoff or erosion can expose a developer to potential liability.
By: Cinda Kelley
Employers in Plainfield, Indiana, are helping fund connector bus service that brings employees to local industrial parks.
By: Richard R. Spore III
What do office and retail property owners need to know about triple net leases?
By: Ron Derven
Screens that provide real-time transit and other transportation information have become an amenity valued by office and residential tenants.
By: Julie D. Stern
An assortment of brief facts and figures about new and noteworthy development projects.

Looking for an architect, contractor, or engineer for your next redevelopment project? The NAIOP guide in this issue lists dozens of firms throughout North America.

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.