A prototype design demonstrates the viability of multistory distribution centers in land-constrained North American submarkets.

Winter 2017/2018 Issue

The Perot Family\u0027s New Corporate Headquarters: A Powerful Collaboration Between Architecture and Landscape

By: Dave Goldberg, Annie Rummelhoff and Dakota Keene, Mithun

The new headquarters for the Perot family businesses represents both the family legacy and an investment in the well-being of their employees.

Northgate Distribution Center

By: Taylor Cole

The largest speculative distribution center in southern Nevada is turning North Las Vegas into an e-commerce mecca.

CRE Tech Adoption Speeds Up

By: Ron Derven and Margarita Foster

Commercial real estate has been a slow adopter of new technology, but that’s about to change.

Must-Read Articles

Construction Costs Outlook

By: Ken Simonson, chief economist, Associated General Contractors of America
Labor and materials concerns loom large.

The First Modern Multistory Logistics Building in North America

By: Dan Letter, managing director, Prologis
Prologis Georgetown Crossroads, a three-story, 590,000-square-foot logistics building, is now under construction in the heart of Seattle’s transportation network.

Legal Agreements for Mixed-use Projects

By: Paul N. Dubrasich, Cox Castle Nicholson LLP
Anyone considering developing a mixed-use project should be aware of these key legal, design and management considerations.

Health Care Tenants Inject New Life into Ailing Shopping Malls

By: Eric Johnson, managing director of healthcare advisory services at Transwestern
As health care providers seek to improve customer service by offering convenient access closer to where their patients live and work, they are discovering a hidden resource: the regional mall.

Real Estate Diversification via Structured Investments

By: Gabriel Pozo, principal, Advalurem Group
Structured investments can enable real estate investors to move into a new market while limiting risks.

Six Innovative Concepts for Moving Freight

By: Robert T. Dunphy, transportation consultant; adjunct professor, Georgetown University real estate and planning programs; and emeritus fellow, Transportation Research Board
Some of these innovations may change how freight is moved in the future.

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 this Issaquah, Washington-based real estate management and development firm offers his perspective on being a developer.
By: Jonathan Tratt, principal, Tratt Properties, LLC, and 2017 NAIOP Chairman
As I conclude my time as chairman, I offer my appreciation for the honor of leading this organization.
By: Marie Ruff, communications senior manager, NAIOP
NAIOP’s 2017 Developing Leaders Award recipients offer their insights.

Sound Bites From NAIOP’s National Research Directors Meeting in Herndon, Virginia, and CRE.Converge 2017 in Chicago:

ADDITIONAL ARTICLES

By: Kathleen Farrell, head of Commercial Real Estate, SunTrust Banks, Inc.
CRE should focus on indicators that may foretell technology’s impact on the industry.
By: Brian L. Reetz, senior associate and landscape architect, and Emilie C. Carter, PLA, ASLA, landscape architect, Design Collective
Stormwater management features became an asset for a mixed-use project in Columbia, Maryland.
By: Julie D. Stern, Managing Editor, Development
An assortment of brief facts and figures about new and noteworthy development projects.
By: Ron Derven, contributing editor, and Margarita Foster, editor-in-chief, Development
Industry experts discuss trends that will impact industrial facilities in 2018 and beyond.
By: Mohamed Abaza, PE, CEM, LEED AP, executive vice president and director of energy and sustainability services, Capital Brand Group LLC
The Duffie Companies’ new headquarters incorporates innovative HVAC systems, lighting controls, a green roof and more, targeting LEED Platinum certification.
By: Eric Brown, AIA, principal/partner, and Rob Hagan, AIA, associate, Prellwitz Chilinski Associates
Why do some mixed-use developments get the mixture so right, while others struggle?
By: Toby Burke, senior director of state and local affairs, NAIOP
California’s Air Resources Board is considering an indirect source rule that would hold building owners and/or tenants responsible for reducing greenhouse gas emissions from trucks and other mobile sources that service their facilities.

From accountants to architects to developers, contractors, and financial sources. Whatever you need, you’re likely to find it and a lot more in our annual Buyers Guide.

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.