Posted on April 18, 2018

According to Axios, U.S. companies are “largely unprepared” for the new European Union (EU) data privacy laws that will take effect this May. The General Data Protection Regulation (GDPR) is intended to “give users more control of how their personal data are used and streamline data processes across the EU.” Companies that fail to achieve GDPR standards will face penalties and fines. Europe has taken a stricter stance than the U.S. on protecting consumer privacy and the new regulation will serve as a “litmus test for regulating the data economy.” The effects will be far-reaching for tech companies and e-commerce merchants, but will also affect any company that collects data on customers, including real estate brokers, managers and owners. Any real estate companies dealing with individuals in Europe will have to remain compliant. GDPR will grant the following rights to individuals:

Posted on April 17, 2018

Lawmakers are back in Washington after a two-week break. But as they’re coming back into town, a key figure in the Trump administration is set to depart.

Posted on April 16, 2018

By: Greg Lazaroff

Posted on April 19, 2018

A recent RCLCO Advisory Report describes the small but growing category of e-sport arenas as holding promise to anchor new and existing large, mixed-use entertainment districts in North America. Electronic sports, or "e-sports" is a broad category covering "competitive multiplayer video games played by professional video game players, for spectators’ enjoyment during regular season and tournament league games." E-sports teams are generally organized based on game title and geographic region, supported by sponsors and advertising, and are moderated by professional e-sports commentators. Spectators can view in person at various arenas or watch livestreaming events over platforms such as Twitch and YouTube. E-sports reached 335 million viewers in 2017, split between occasional viewers (57 percent) and enthusiasts (43 percent), and viewership has increased by "double-digit percentages in recent years, and is forecast to exceed half a billion viewers by 2021."

Posted on April 13, 2018

By: Clay Edwards

Posted on April 12, 2018

About The NAIOP CRE Sentiment Index

The NAIOP Sentiment Index is designed to predict general conditions in the commercial real estate industry over the next 12 months. The forecast is not based on an analysis of historical data, but rather it represents a look into the future by real estate developers, investors and operators. These NAIOP members are asked to respond to questions based on their ongoing work, including projects in their pipelines. For more information, see Understanding the Index.

Posted on April 10, 2018

According to Curbed, the 2.3 billion square feet of self-storage space in the United States could "fill the Hoover Dam with old clothing, skis, and keepsakes more than 26 times." Trends including baby boomer retirees downsizing, small businesses storing excess inventory, and millennials living in small spaces have contributed to a record-setting boom in the self-storage industry. The article cites industry experts who believe self-storage may be at its peak, and forecast a slowdown due to overbuilding in Phoenix, Arizona; New York City; and Orange County, California. Some critics have pointed out that self-storage spaces are crowding out other more productive land uses; land that could be better used for "commercial, industrial and even residential purposes." Meanwhile, China and much of Southeast Asia are catching up to the U.S. in demand for spare space and emerging as "massive growth markets."

Posted on April 9, 2018

Last week, President Donald Trump hosted a campaign-style event in Ohio to discuss his infrastructure plan. The White House Council of Economic Advisers says that, if implemented, the plan could put more than 400,000 people to work over the next decade. Infrastructure and transportation is a legislative priority for NAIOP in 2018.

Posted on April 6, 2018

By: Marie Ruff

Posted on April 5, 2018

By: Aaron Ahlburn, JLL

Posted on March 29, 2018

With more than 275 commercial real estate professionals from across the state and fantastic programming, the 2018 NAIOP NC Statewide Conference in Pinehurst was a success. The conference provided a relaxed, open setting, allowing NAIOP members to connect, learn, and enjoy a little competition on the lawn bowling greens.

Posted on March 27, 2018

Senators took a positive step last week, with an overwhelming vote to begin reforming the 2010 Dodd-Frank banking law. The measure, S. 2155, passed on a 67-31 vote, with support from members on both sides of the political aisle.

Posted on March 26, 2018

By Dr. Stephen S. Fuller

Posted on March 23, 2018

By Marie Ruff

Posted on March 22, 2018

By Robert T. Dunphy

Posted on March 21, 2018

By Ioana Neamt

Posted on March 20, 2018

Recruiting and retaining top performers has become essential in today's highly competitive marketplace. It's not too late to find out if your salary and bonus package is competitive with the 2017 NAIOP/CEL Commercial Real Estate Compensation and Benefits Report.  

Click here to read more.

Posted on March 15, 2018

According to a VTS blog post, The Rise of the “Urban-Suburban” Office Market, many companies want their offices to be in dynamic locations that appeal to young professionals, but that no longer means only downtown markets. Suburban office construction was strong throughout 2017, but the markets that will fare the best will have “urban-type” amenities such as walkability, public transit, a variety of housing options, retail and restaurants. The article warns, “Owners and developers of suburban office buildings that don’t embrace this urban-suburban ‘vibe’ might find it tougher to justify new developments or sign new tenants. Simply offering big office buildings and huge surface parking lots are not often enough to draw companies today. It’s more about creating a mixed-use destination.”

Posted on March 15, 2018

NAIOP Charlotte is pleased to announce our 2018 Board of Directors.

Posted on March 14, 2018

By: Dr. Stephen S. Fuller