The largest and best-known “edge city” in the U.S. is being transformed into a more walkable urban center.

Summer 2018 Issue

The Evolving Automotive Industry: Detroit Meets Silicon Valley

By: Michael E. Karp, Cushman & Wakefield

Electrification, artificial intelligence, autonomy and mobility services are having big impacts on the Bay Area commercial real estate market.

395 Pedricktown Road: Tailored Improvements For a Specialized Tenant

By: John Seelmeyer

A speculative building in southwest New Jersey incorporates specialized systems to control spills and fire protection requirements for storage of liquid petroleum products.

The Distillery North: Passive House Apartments in South Boston

By: Michelle Apigian, AIA, Icon Architecture

The largest Passive House project in Massachusetts offers lessons for developers seeking to reduce energy use and operating costs.

Must-Read Articles

Setting Up a Private Equity Real Estate Fund, Part 2

By: Jan A. deRoos, Ph.D., Cornell University, and Shaun Bond, Ph.D., University of Cincinnati
What securities laws govern private equity real estate funds, and what factors must fund sponsors take into account when operating one?

Coworking Spaces With Child Care Services

By: Camille Galdes
A new type of coworking center is emerging to meet the needs of parents with part-time or flexible work schedules and child care needs.

Amenity-rich Movie Theaters as Anchor Tenants

By: Amanda Tran and Adrienne Schmitz
As cinemas become popular anchors for retail and mixed-use developments, they are generating more foot traffic and creating synergies with other tenants.

Mixing It Up in Midtown Houston

By: Kirsten Cornell, Walter P Moore
Houston’s new Midtown Park offers a wide array of amenities, plus an underground parking garage, coupled with sustainability.

Automated Parking Comes to the US

By: Scott Gable, CityLift Parking
While automated parking facilities are commonplace in Germany, Japan and China, they are gaining momentum in North America.

Construction Costs Outlook

By: Ken Simonson, Associated General Contractors of America
Steel yourself for higher materials costs.

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: Various
Sound Bites from The Office Conference 2017, a collaboration between NAIOP and the Global Workspace Association (GWA), Nov. 9-10, in Brooklyn, New York.
By: Jim Neyer
I believe that the lifeblood of NAIOP is active, involved members who share their ideas and experiences.
By: Bennett Gray
A new program is engaging younger CRE industry professionals with the work of the NAIOP Research Foundation and its Governors.
By: Ron Derven
The president of this New York City-headquartered real estate development firm offers his insights into the industry.

ADDITIONAL ARTICLES

By: Robert T. Dunphy

All of these innovations could affect how goods are delivered directly to consumers in the future.

By: Hasier Larrea
North American developers are animating small spaces with architectural robotics.
By: Bill Hunt
A look at some of the challenges and opportunities facing CRE.
By: Audra Capas
Coworking centers designed by and for women are flourishing as entrepreneurial incubators.
By: Fred Peratt
Can beautiful landscaping make tenants happy?
By: Curtis Dennis, Nedap Identification Systems
Also known as mobile access, this technology allows people to access buildings via their smartphones, eliminating the need for keys or other physical credentials.
By: Bret Boulter
By putting the employee experience at the center of its workplace design, Microsoft is reaching new heights.
By: Tom Mounteer, Paul Hastings LLP
Lenders’ due diligence can be just as thorough as buyers’.
By: Julie D. Stern, Managing Editor, Development
An assortment of brief facts and figures about new and noteworthy development projects.

The economic development authorities throughout North America listed here can help you attract businesses to your area and to your developments.

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.