This innovative REIT has found success by focusing on the life science, technology and agtech industries while giving back to communities.

Fall 2019 Issue

Building for Resiliency Ensures Physical-and Financial-Security

By: Camille Galdes

It’s not just about constructing properties that can survive disasters; a holistic approach to the built environment also adds value.

Retail-to-Warehouse Conversions Gain Momentum

By: Ron Derven

When other efforts to resuscitate a dying shopping mall fail, converting the facility to a warehouse or last-mile distribution center is an option to consider.

Port Covington: Building for Baltimore's Future

By: Danielle Bennings

A new waterfront development seeks to honor the city’s heritage while spurring innovation.

Must-Read Articles

One Merriweather: Under the Boardwalk

By: Brian Reetz and Anna Dennis
A stormwater-management project shows how practical solutions to the problem of runoff can be aesthetically pleasing, too.

Property Tax Battle Targets CRE

By: Rich Tucker
The split roll ballot initiative in California could lead to much higher assessments — and it could also happen in other parts of the U.S.

How to Reposition a Building to Meet Changing Expectations

By: David Yuan, Robert Mankin and Chris Beza
Whether it’s replacing worn materials or an intensive intervention, architectural updates can enhance the value of a property.

Compare and Contrast: 1031 Exchanges and Opportunity Zones

By: Bruce Johnson
Both options can be good investment vehicles for commercial real estate.

Despite a Cannabis Boom, Real Estate and Banking Challenges Remain

By: Jonathan Havens and Anamika Roy
Conflicting local and federal laws, along with NIMBYism, could be slowing investment in marijuana-related facilities.

Coworking Flexes its Muscles

By: Trey Barrineau
Shared office space appears to be the fastest-growing trend in 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: Trey Barrineau
Canada’s largest city has a strong economy that’s attracting real estate investors from all over the world.
By: Ron Derven
The leader of this Cleveland-based construction firm offers his perspectives on the industry and on transitioning his company to the next generation of leadership.
By: Jennifer LeFurgy, Ph.D.
In what has been the longest economic expansion since such records began in 1854, commercial real estate experienced tremendous gains, especially within the industrial and multifamily sectors.
By: Greg Fuller
During nearly every chapter visit, I’ve made it a priority to talk with Developing Leaders (DLs), our members who are 35 years of age or less.
By: Hannah Buckles
For the fourth year, the association has awarded scholarships to graduate and undergraduate commercial real estate students from a wide range of backgrounds.
By: Robert Dunphy
A new study says tolls and gas taxes are possible funding solutions to pay for much-needed repairs to this critical piece of transportation infrastructure.

ADDITIONAL ARTICLES

By: Trey Barrineau

An assortment of brief facts and figures about new and noteworthy development projects.

By: Joey Kline
High-growth companies that are rapidly adding staff could be major beneficiaries.
By: Trey Barrineau
HITT Contracting’s new facility aims to be a laboratory of cutting-edge, sustainable building products and technologies.
By: Tom McCahill
This popular investment tool that arose in the 1990s can offer notable advantages over other financing practices.
By: Mason Harris
Increasing clear heights in industrial properties can make older buildings suitable for modern logistics uses.
By: Shawn Moura, Ph.D.
Developers are partnering with educators and local communities to launch new training and recruitment programs.

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.