Commercial real estate is in the midst of a digital revolution, and some of the biggest upheavals will affect professionals who work closely with property owners and tenants.

Winter 2018/2019 Issue

BridgePort I Logistics Center: From Abandoned Brownfield to Active Distribution Facility

By: Jeffrey Milanaik, Jonathan Pozerycki and Gabie Strbik, Bridge Development Partners

A warehouse/fulfillment complex in New Jersey shows the economic potential for infill redevelopment in places once considered environmentally unsalvageable.

A Campus Project Packed with Extracurricular Challenges

By: Michael Blount, Keystone Corp.

At N.C. State University in Raleigh, a building designed around a state-of-the-art textile machine also accommodates typical office and lab tenants, but getting to the finish line wasn’t easy.

Pondering Public Art? Legal Concerns and Artists Rights are Part of the Palette

By: Stephanie Friese, Pursley Friese Torgrimson

Developers must balance contracts, intellectual property issues, government involvement and other factors when commissioning pieces for a project.

Must-Read Articles

CRE Trends, Economics and More: A Wide-Ranging Conversation

By: Trey Barrineau
NAIOP gathered national research directors in October for an in-depth discussion of industrial and office trends, city rankings, adaptive reuse and other important topics.

IRS, Treasury Start to Clarify Qualified Opportunity Zone Regulations

By: Trey Barrineau
Proposed rules for the tax incentive plan could dramatically boost real estate investment in regions that are struggling economically.

Big Data in Office Buildings Holds Promise Despite Privacy Worries

By: Margarita Foster
Property managers are using “dynamic and multidimensional” information for operations but not yet for tenant engagement.

An Office Building Returns to its R&D Roots

By: Bernard Huberman, BLT Enterprises
In San Diego, a unique renovation project leverages tight supply and challenges the “more space is better” concept.

Five Things Bankers Look for When Making CRE Loans

By: Gary Magnuson, Citizens Bank
Be prepared to answer a long list of questions when seeking financing for a project.

The WELL Building Standard Continues to Evolve

By: Rachel Gutter, International WELL Building Institute
The latest version expands on a commitment to healthy, energy-efficient buildings.

The Challenge of Building in Tight Urban Spaces

By: Susan W. Kemp, Hart Crowser, Inc.
Think differently and collaborate with city officials to smooth traffic issues and monitor construction activity.

10 Basic Mistakes Borrowers Make and How to Avoid Them

By: J.R. Foster, Robert Louis Capital
Don’t get tripped up on the path to securing a commercial real estate loan.

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 leader of this Effingham, Illinois, industrial development firm has found success by focusing on rural America.
By: David Chilinski, FAIA, and Dave Snell, AIA, Prellwitz Chilinski Associates
Five things developers should do to soothe residents’ concerns and fears.
By: Marie Ruff
CRE disruptors to watch include smart contracts, robotics, big data, autonomous vehicles, 3-D imaging and more.
By: Jim Neyer
It’s been an exhilarating year for our industry and association.

ADDITIONAL ARTICLES

By: Audra Capas
As demand rises for adaptable office space, facilities put walls in motion.
By: Dan Doyle, The Beach Company
Developers should avoid over-the-top nuclear options; instead, use smart bombs tailored to tenant needs.
By: Jon Clarine, thyssenkrupp Elevator Americas
Technological advances make the vertical journey better for tenants — and property owners.
By: Alex Ford
Changes to Portfolio Manager lower scores for thousands of commercial properties.
By: Will Rhodin
Despite technological advances, thieves can find loopholes that hurt the bottom line.
By: Ken Simonson, Associated General Contractors of America
Labor shortages, higher prices for materials loom larger.
By: Christopher Thames, J.H. Berry \u0026 Gilbert
Potential tenants should consider existing medical infrastructure and proximity to other healthcare providers.
By: Trey Barrineau, Managing Editor, Development
An assortment of brief facts and figures about new and noteworthy development projects.

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.