originally published for NAIOP National

originally published by IRINA LUPA for NAIOP National with permission to repost

originally published by MICHAEL CASOLO for NAIOP National with permission to repost.

originally published by JEFF JANICEK AND JASON UTAH for NAIOP National with permission to repost. 

originally published by IRINA LUPA  for NAIOP National with permission to repost.

originally published by MICHAEL CASOLO for NAIOP National

originally published by NAIOP Research Foundation with permission to repost for NAIOP Charlotte

originally published by MICHAEL CASOLO for NAIOP National

originally published by COMMERCIALEDGE TEAM for NAIOP National

originally published by  BRIELLE SCOTT for NAIOP National

originally published by Brielle Scott for NAIOP National

Originally published by Shantala Weiss for NAIOP's Development Magazine.

Monumental stairs can inspire greater interaction, reduce energy costs, and improve employee health and fitness.

In the wake of COVID-19, workplaces are presented with a unique opportunity to shape corporate culture's future and use physical space to foster a sense of community and innovation that can’t be offered when working from home. Building elements that align with the goals of active, sustainable, and universal design have the potential to play a crucial role in post-pandemic commercial real estate. 

Originally published by Daniel Castner, Brian Spence and Trevor Boz for NAIOP's Summer 2021 Issue.

This fast-growing sector can be complex to navigate for developers.

The scientific research market has grown substantially over the past 10 years. With a global pandemic top of mind, investors are looking at the life science industry now more than ever.

Originally published by Ron Derven for NAIOP's Development Magazine Summer 2021 Issue.

The post-pandemic period could see a lot of innovation and experimentation in commercial real estate.

COVID-19 delivered a gut punch like no other to the commercial real estate industry last year, with transactions in the second quarter of 2020 plummeting approximately 40% over the same period in 2019.

Originally published on June 22, 2021 by Andy Halik for NAIOP E-Newsletter.

With U.S. coronavirus cases plunging and knowledge workers craving the social component of the workplace, many companies across the country are fully reopening their offices to employees. Some companies took the opportunity to renovate or update their workspace during the lockdown periods of the pandemic, and others are planning significant design changes to prepare for the next era of the office.

Originally published on June 21, 2021 by Marc Rapport for MillionAcres.com.

The pandemic recovery in the office sector is underway and is projected to reach positive net absorption in the fourth quarter of this year, according to research from NAIOP, the Commercial Real Estate Development Association.

Originally published on May 2021 by Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary and the University of Cambridge.

Office Space Absorption Projected to Stabilize by Mid-2022

The U.S. economy is experiencing a strong rebound from the COVID-19-induced recession, resulting in job growth in office-using sectors. However, tenant-safety concerns remain a drag on office leasing. The U.S. office market posted continued declines in net absorption in the fourth quarter of 2020 (-26.7 million square feet) and the first quarter of 2021 (-34.8 million square feet). Nonetheless, as coronavirus safety concerns abate and the economy continues to expand, negative net absorption is forecast to moderate over the next two quarters, with a return to positive absorption in the fourth quarter of this year (Figure 1). Quarterly net absorption in 2022 is expected to average 11.7 million square feet, in line with the 2015-2019 quarterly average of 11.6 million square feet.

Originally published in NAIOP's Development Magazine Spring 2021 Issue by Ann Moore.

Waterfront development in California used multiple strategies to get off the ground.

Megaprojects can transform landscapes, improve quality of life and deliver significant economic benefits to their communities. When they are sited on a waterfront in a binational urban area, they take on even more complexity. In Southern California’s San Diego County, a megaproject will transform a formerly blighted stretch of waterfront into a thriving destination. The project team is pursuing innovative ways to reduce the risk that could be instructive to other development teams. 

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q2 2021.

Key Takeaways:

• Increasing COVID-19 vaccination rates and strong economic growth will help demand for office space rebound, with a return to a positive net absorption forecast for the fourth quarter of 2021.
   
• Quarterly net absorption in 2022 is forecast to average 11.7 million square feet, in line with the 2015-2019 quarterly average of 11.6 million square feet.
   
• Although tenants have begun to return to the office, it remains to be seen how widely they will adopt long-term remote work arrangements. Remote work will likely limit net absorption for the next several quarters.
   
• Tenants may now prefer less dense office layouts than before the pandemic, partially offsetting declines in demand due to remote work.

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