Originally published on December 9, 2022, by Mike Cavanaugh and Scott Waddell for BDCNetwork.com
While new construction allows for incredible levels of customization, there’s no denying that new buildings can have adverse impacts on the climate, budgets, schedules, and even the cultural and historic fabrics of communities. While any responsible architect will design buildings to minimize these impacts, there is no avoiding them entirely.
Originally published by Mark Heschmeyer on December 12, 2022, for CoStar News.
Any increase in a key measure of office demand in 2023 isn’t likely to occur, according to the latest projections from the commercial real estate association, NAIOP.
Originally published in NAIOP Research Foundation's Fourth Quarter 2022 Report.
The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2022.
On Monday, November 7th, the Charlotte City Council held a marathon day of meetings. Two of the committees held discussions on topics of significant interest to the real estate industry. To catch up on anything you may have missed, please click on the information links below:
Transportation, Planning, and Development Committee - Agenda, Video
(Presentations)
Housing, Safety, and Community Committee - Agenda, Video
(Presentations)
Students receive credit towards earning their certificate through core classes presented by the NAIOP Center for Education. So whether you want to enhance the value of your current career track or to increase your credibility in transitioning to a new career goal or area of interest, consider the professional benefits and competitive edge you'll gain by earning your NAIOP Certificate of Advanced Study.
Commercial real estate professionals wanting to advance their careers by earning their certificate can focus their efforts on either the development or finance tracks by pursuing a Certificate of Advanced Study in Commercial Real Estate Development or a Certificate of Advanced Study in Real Estate Finance.
Originally published in NAIOP Development Magazine Fall 2022 Issue by Mansoor Ghori.
New financing vehicles can take time to achieve market acceptance, but with more than $3 billion in transactions since its inception more than 10 years ago, Commercial Property-Assessed Clean Energy (C-PACE) funding is now a go-to green finance alternative for many owners, investors, and developers.
Originally published in October 2022, by Clifford A. Lipscomb, Ph.D., MRICS for NAIOP.
Industries are rapidly evolving as business processes grow more interconnected and automated. Data and analytics play an important role in information technologies and their interaction with the physical world, including emerging fields such as artificial intelligence, the Internet of Things (IoT), and virtual and augmented reality. Although commercial real estate (CRE) has been slower than other industries to adopt data analytics, some firms have identified several ways that data analytics can support land and building development and contribute to better project outcomes.
Originally published on November 15, 2022, by NAIOP.
NAIOP’s valuable 60-page e-book, “Rules of Thumb for Distribution/Warehouse Facilities Design, Second Edition,” allows you to gain a step up in today’s competitive marketplace. The e-book includes detailed instructions and diagrams on everything from site planning to floor slabs. Members save 50% off the list price!
Originally published on November 8, 2022, for NAIOP E-Newsletter.
While most of the political establishment in the nation’s capital is focused on the midterm congressional elections, federal agency staff are still moving forward on developing regulations from legislation enacted this year. The U.S. Department of the Treasury and the Internal Revenue Service last Friday issued their Priority Guidance Plan for 2022-2023, detailing their top regulatory priorities for the next year.
Originally published in The Role of Data Analytics in Commercial Real Estate Siting, Design and Valuation Decisions by Clifford A. Lipscomb, Ph.D., MRICS in October 2022.
Industries are rapidly evolving as business processes grow more interconnected and automated. Data and analytics play an important role in information technologies and their interaction with the physical world, including emerging fields such as artificial intelligence, the Internet of Things (IoT), and virtual and augmented reality. Although commercial real estate (CRE) has been slower than other industries to adopt data analytics, some firms have identified several ways that data analytics can support land and building development and contribute to better project outcomes.
Originally published in the Fall 2022 Issue of NAIOP's Development Magazine by Patrick Finucan, Sam Bennett, and David Kitchens.
To compete with the rise of e-commerce, traditional shopping malls are evolving to stay relevant and offer experiences that can’t be found online. Recognizing the central location of most malls, more owners are executing major redevelopments of these aging monoliths, transforming them into compelling, destination-worthy mixed-use environments that reflect the needs and wants of the communities they serve.
Is your 2023 salary and bonus package competitive? Find out with the 2022 NAIOP/CEL Commercial Real Estate Compensation and Benefits Reports. These valuable reports (either Office/Industrial-Retail or Office/Industrial-Retail-Residential) enable commercial real estate businesses to stay current on salaries, bonuses, and benefits for CRE professionals from executive to entry-level positions.
The report includes:
The summit, in its fourth year, brings developers, government officials, and community stakeholders together for an exclusive first look at the "2022 State of Housing in Charlotte Report," which details:
Numerous vacancies remain on several Charlotte City Council-appointed Boards and Commissions.
Previous planning studies related to the Downtown include the 2006 Downtown Master Plan and the 2040 Community Plan. The 2022 Downtown Plan will both update the 2006 Plan and follow adopted 2040 Plan policies and action priorities. The Plan will be reviewed by the Huntersville Planning Board and eventually considered for adoption by the Huntersville Town Board of Commissioners.
The most recent public forum was held on October 20th with about 80 people attending. The presentation links are listed here for your review:
Once you have had a chance to view the presentation, please complete the survey which will be open until Monday, October 31st at 5:00 PM.
For additional details about the plan please visit:
Originally published on October 24, 2022, by Konrad Putzier for The Wall Street Journal.
Hybrid work schedules for most companies mean splitting time between remote work and time in the office. For the startup Frontier Talent Inc., it also means rotating through the same office space with another company.
Originally published on October 11, 2022, by Matt Baron for NAIOP.
When you invest time on the front end of your development efforts, you will reap dividends during its latter stages. Conversely, if you don’t heed the details – political landscape, concerns of residents, requirements of regulatory agencies, and more – then you will pay in stalled or stymied projects.
Originally published on October 19, 2022, for Business Insider.
As the US emerged from the Great Recession, cheap real estate and the rise of e-commerce collided to create a warehousing boom.
Originally published on October 18, 2022, by NAIOP.
The NAIOP CRE Sentiment Index for September 2022 is 47, down from April’s reading of 53. It is at its lowest level since September 2020. This reading suggests that respondents expect unfavorable conditions for commercial real estate over the next 12 months.
