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The Rise of Real Estate as a Service

By: Ron Derven

The flexible model is rapidly expanding beyond the office market.

Spring 2020 Issue

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Integrating WELL into Industrial Properties

By: Heath Abramsohn

A brownfield redevelopment project in New Jersey showcases a first-of-its-kind warehouse that aims to meet exacting environmental standards.

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From Horizontal to Vertical: Industrial Intensification Grows Up

By: Eric Aderneck

Multistory industrial facilities illustrate innovative strategies for areas with a constrained supply of land.

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Boston: A 'Living City' Transforms Once Again

By: Aaron Jodka

The city has experienced a building boom during the latest cycle, and even more development is on the horizon.

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Cutting-edge Research That Has an Impact

The NAIOP Research Foundation's annual report highlights the relevant studies, activities and deep dives to come in 2020 and beyond.

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Download the Spring 2020 Issue of Development

Download a PDF version of the Spring 2020 Issue of Development.

Must-Read Articles

Prologis Labs: An Experiment in Innovation

By: Dustin Read and Alex Rollins
The company’s new research facility takes a deep dive into cutting-edge logistics technologies.

WeWork and Airbnb: A Tale of Two Disruptors

By: Dror Poleg
The companies represent different approaches to the future of real estate, and their success or failure will offer important lessons to landlords.

The Cold Storage Market is Heating Up

By: Trey Barrineau
Surging demand for e-commerce grocery deliveries could spark more construction of refrigerated facilities.

An Office Move Doesn't Have to Mean Lost Productivity

By: Suzi Hansen
Advanced planning, aided by technology, can ease the relocation process for tenants.

Real Estate as a Service: What Developers/Owners Need to Know

By: Michael Kloppenburg
Real Estate as a Service: What Developers/Owners Need to Know

CEO on Leadership: Dennis Clarke, Chairman and CEO, Cummings Properties

By: Ron Derven
The leader of this Massachusetts commercial real estate firm offers his perspectives on the industry and discusses his company as it celebrates 50 years in the business.

RELATED RESEARCH AND PUBLICATIONS

Recruiting, Training and Retaining Talent in the Real Estate Development Industry

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.

Office Space Demand Forecast, Second Quarter 2024

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.

Commercial Real Estate Terms and Definitions

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

Herb Tousley — In Memoriam


NAIOP Distinguished Fellow Herb Tousley III died unexpectedly on January 30 at the age of 67.

NAIOPs Chapter Merit Awards Honor Outstanding Programs and Individuals

By: Trey Barrineau
Recognition goes to exceptional leadership and impressive local efforts in education, special events, membership and legislative advocacy.

A Young Professionals Group Makes Its Mark

By: Pamela Westhoff
NAIOP Southern California reflects on the 15-year anniversary of a successful professional development and leadership program.

Worth Repeating


Sound bites from NAIOP’s Chapter Leadership and Legislative Retreat (CLLR), held February 3-5 in Washington, D.C.:

NAIOP Membership Reaches 20,000

By: Jennifer LeFurgy, Ph.D.
NAIOP has always felt like a community — and it just got bigger.

Getting to Know the Chairman

By: Larry Lance
As chairman, I plan to provide strategic leadership to our chapter and volunteer leaders, encouraging them to use the systems and tremendous resources we have in place.

Meet NAIOP's 20,000th Member

By: Trey Barrineau
The face behind the association’s latest milestone is an American-born Canadian citizen who is involved in Vancouver’s retail market.

ADDITIONAL ARTICLES

An Office Move Doesn't Have to Mean Lost Productivity

By: Suzi Hansen
Advanced planning, aided by technology, can ease the relocation process for tenants.

New & Noteworthy

By: Trey Barrineau
An assortment of brief facts and figures about new and noteworthy development projects.

The Intersection of Workplace Data and Design

By: Ben Waber
In-depth information on employee preferences informs an office redesign in Boston.

The Future of Parking is in (Almost) Everyone's Hands

By: Adam Kriegel
Mobile parking apps can help owners manage costs while boosting convenience for customers.

Living Walls: As Green as It Gets

By: Richard Kincaid
They can improve the air, cut down on noise and drive productivity — as well as profitability.

Turning Building Permits into Profits

By: Jack Dulin
Knowledge is critical when it comes to getting projects through the approval process.

Autonomous Vehicles Will Drive Change in CRE

By: Shawn Moura, Ph.D.
A new NAIOP report shows how local governments are preparing for this transportation revolution.

Preparing Properties for Greater Connectivity in the Future

By: Arie Barendrecht
Developers who focus now on 5G, smart buildings and cybersecurity will gain an advantage over their competitors.

When Violence Erupts at a Property, Owners Can be Held Liable

By: Chris Dunlap and Isaac Monson
Use proactive planning to protect life and property.

How to Plan a Successful Construction Project

By: Jacqueline Greenberg Vogt and Robert C. Epstein
These 10 steps can help developers avoid headaches, delays, higher costs and legal complications.

Portman-Shaheen Proposal Is a Winner for Commercial Real Estate

By: Alex Ford
NAIOP supports legislation that emphasizes voluntary tools to help property owners reduce energy consumption.

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.