Originally published in February 2020 by Hany Guirguis, Ph.D., Manhattan College and Timothy Savage, Ph.D., New York University
The NAIOP Industrial Space Demand Forecast is based on a predictive model that forecasts demand for industrial space at the national level on a quarterly basis for eight consecutive quarters.
Today, NAIOP President and CEO Thomas Bisacquino shared the following statement with NAIOP members regarding the operating status of the organization during the COVID-19 situation.
The unprecedented COVID-19 situation is affecting every aspect of our businesses and lives. While NAIOP member benefits and services will not be impacted, the NAIOP Corporate office is adjusting our normal business practices to protect the health and well-being of our staff.
Originally published on March 15, 2020, by
As business and property owners take precautions against the spread of the novel coronavirus, many say they are "deep cleaning" their spaces while keeping them open to customers and tenants alike. Yet what precisely a deep cleaning means — and how effective it might be, considering lingering questions about how long the virus lasts on surfaces — isn't exactly clear. Moreover, the commercial cleaning industry is fragmented, unregulated and perhaps unprepared to deal with the current surge in demand.Originally on March 04, 2020, by Erika Morphy via GlobeSt.com
New research indicates a healthier indoor environment can help attract and retain employees — and make properties more attractive to investors.
When the new hire arrives at Webcor’s San Francisco offices, he hangs his commuter bike on the rack outside reception and ducks into the office’s freshly tiled shower. Later, he passes a living green wall, heads into the light-filled kitchen for a healthy breakfast, and moves to an adjustable standing desk designed for ergonomic comfort.
As the Democratic candidates for president prepared for the Nevada caucus last weekend, several discussed infrastructure proposals during an event in Las Vegas.
Former Vice President Joe Biden, Sen. Amy Klobuchar, D-Minn., former South Bend Mayor Pete Buttigieg and businessman Tom Steyer all said they want to repair existing roads and bridges, but also invest in next-generation infrastructure projects. That would include high-speed rail and updated water facilities.
Originally published on January 15, 2020.
In their own words, our industry’s collective wisdom believes it will be more difficult to compete for deals and talent in 2020 resulting in slower growth. The outlook for 2020 is overwhelmingly positive, but the legacy from the Global Financial Crisis remains, and our industry continues to run lean, preventing the surges in hiring expected in a market this hot. In 2020 this is exacerbated by “too much capital”. Too much capital chasing deals. And, starting in late 2019, for the first time in years, capital chasing talent, adding to the difficulty to compete in this hiring environment. The rise of New Growth Cities, where deals are traditionally done at a slower pace, also factors into the positive prediction for growth, but slower growth. Retail generated the most negative responses, but others believed it is the forefront of evolutionary and historical time in retail with new blood entering the marketplace. A new issue arose: As lawlessness and runaway crime continues not to be enforced, it destroys markets. Another concern: As a finance executive, I am a bit concerned with some of the assumptions driving transitional loans and the significant amount of capital raised for this strategy (especially late in the cycle).
Originally published on February 12, 2020.
Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, “The Economic Impacts of Commercial Real Estate, 2020 U.S. Edition,” published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.
Release Date: January 2020
This course will provide real estate professionals with an understanding of the latest trends and best practices for the real estate as a service model. Students will hear tips from experts in the real estate as a service world, have opportunities to respond to realistic scenarios, read case studies on successful real estate as a service spaces, and create an action plan for next steps in establishing their own real estate as a service space. Course modules focus on some of the most important aspects of real estate as a service, including the real estate as a service mindset, creating community, effective marketing, building design, recruiting a team and understanding finances and documents. Upon completion of the course, students will have a comprehensive understanding of the unique real estate as a service model, and gain critical knowledge to help them to succeed in establishing a real estate as a service space.
Published by James Heroux in the Winter 2019/2020 Issue
Expensive housing in urban areas is sending millennials back to the suburbs, and they’re bringing refined expectations and lifestyles with them. At the same time, employers are questioning the rising costs of their own downtown office spaces, and they’re seeking more affordable locations.
The Advantage Series is an exclusive member benefit, delivering expert insights into the latest research to help you make informed business decisions.
Retail sales, especially e-commerce, are growing each year and this means more items are returned and pushed back into the already stressed supply chain. Why is reverse logistics so complicated and more costly compared with forward logistics? How do real estate requirements for reverse logistics differ from forward logistics? How can the commercial real estate industry prepare for better efficiency gains? Joe Dunlap, Managing Director, CBRE and Matthew Walaszek, Associate Director, Industrial & Logistics Research, CBRE will answer these questions and more.
Posted on January 15, 2020 by Patricia Kirk
With online retail sales rising by 10 percent annually, the volume of returns is also growing. According to research from market data firm Statista, returns for online sales tend to be two to three times more frequent than returns for in-store sales, with 15 to 30 percent of online purchases returned, compared to 8 to 9 percent of merchandise bought in-store. UPS estimates that nearly $42 billion of the total $138 billion in products sold online during the 2019 holiday season in the U.S. will be returned, which is up from $37 billion the previous year.
Posted in the Winter 2019/2020 Issue by Shawn Moura, Ph.D.
In October, the NAIOP Research Foundation’s National Research Directors Meeting brought together NAIOP Distinguished Fellows and research directors from national real estate brokerage, data and investment firms at CRE. Converge 2019 in Los Angeles. Attendees discussed current Foundation research and trends in industrial and office development.
Nominations are now being accepted for the 2020 Developer of the Year – NAIOP's highest honor.
This annual award recognizes a developer demonstrating exceptional leadership and innovation in commercial real estate. Nominees must be a Principal member in good standing and will be judged by a panel of industry peers using the following criteria:
Posted on January 27, 2020
By Aaron Ahlburn
Posted on January 21, 2020
By Jason Beske, AICP
Published on January 15, 2020.
The City of Charlotte’s Placemaking Program launched in 2018 with the mission of using urban design and placemaking to transform underutilized public spaces into vibrant places for people. The Urban Design Center in the City of Charlotte’s Planning, Design, and Development department is leading the effort with their own projects while creating opportunities for neighborhoods to use placemaking to promote community collaboration and accomplish public space goals.
Posted on December 6, 2019
The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2019.
Posted on November 25, 2019
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