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Chasing the Unicorn: Why Industrial Developers Seek Out Elusive Urban Infill Sites

Originally published on February 12, 2020. 

I.CON: Industrial Real Estate

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Economic Impacts of Commercial Real Estate, 2020 U.S. Edition

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.

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NEW: Real Estate as a Service On-demand Course

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.  

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Stormwater Pollution Control Ordinance Changes Proposed by City of Charlotte

The City of Charlotte is considering several changes to the Stormwater Pollution Control Ordinance (SWPCO). They include the following:

  • Makes “Improper Storage, Handling, and Processing of Materials” a new and separate enforceable violation in cases where this can cause stormwater pollution; 
  • Makes “Failure to Comply” with requirements and directives set forth by the Director in an enforcement remedy a new and separate enforceable violation;
  • Makes “Violation of Non-Municipal NPDES Discharge Permit Limitation(s)” a new and separate enforceable violation in cases where a permittee’s discharge violates a permitted numeric discharge effluent limitation;
  • Makes the use, distribution, and sale of “Coal Tar” and “High PAH” pavement sealants a new and separate enforceable violation;
  • Increases the maximum potential civil penalty for each violation from $5,000 to $10,000;
  • Authorizes the City to place a lien on real or personal property owned by a violator for unpaid civil penalties, administrative costs, and/or abatement costs associated with an enforcement remedy.
  • Formally authorizes the Director of the department over the City’s NPDES MS4 stormwater permit to administer the SWPCO and defines responsibilities, delegates authority, and requires the development of administrative policies and procedures; and
  • Makes several minor wording changes to better define the meaning of terms and phrases
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Landscape Architecture Can Help Reboot the Suburban Office Park

Published by James Heroux in the Winter 2019/2020 Issue

Activated outdoor spaces boost employee engagement and well-being.

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.

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Developer of the Year: NAIOP’s Highest Honor

Presented annually since 1979, the Developer of the Year Award is given annually to one developer that best exemplifies leadership and innovation in the commercial real estate industry.

Nominations for 2020 are now open!

Nominate your company for NAIOP's highest honor using our online nomination tool. Nominations close on Friday, February 28.

Click here to read the criteria

Reverse Logistics: Stress in an Era of Free Returns Webinar

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.

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Watch What NAIOP is Doing for You: Vision 2020 (video)

NAIOP and its 20,000 members are working together to advance the commercial real estate industry. With both our association and the industry experiencing record growth and unprecedented opportunities, the year 2020 is expected to be one that is exciting and successful.

Throughout it all, NAIOP will be hard at work to deliver our members with the connections, advocacy, and knowledge that boost their careers, promote the industry and ensure that their businesses stay ahead of the competition.

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Reverse Logistics Are a Growing Challenge for Retailers. But Here’s How They Benefit Industrial Property Owners

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.

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What's on the Horizon for Commercial Real Estate?

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.

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Trump Administration Finalizes WOTUS Rule

Posted on January 28, 2020

Last week, the U.S. Environmental Protection Agency (EPA) and the Department of the Army released the final version of the Navigable Waters Protection Rule. This regulation defines the “waters of the United States” (WOTUS) for purposes of determining the application of the federal Clean Water Act.

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NAIOP Developer of the Year: Nominations Are Open for 2020

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:

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NAIOP Statement on Final WOTUS Rule

Posted on January 23, 2020.

Today, the United States Environmental Protection Agency (EPA) and the Army Corps of Engineers announced a final Waters of the United States rule. 

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Washington Policymakers Turn to 2020

Posted on January 29, 2020

Lawmakers return to Washington with a possible presidential impeachment trial in the Senate on their minds. But as that process plays out, policymakers are discussing other issues that are important to commercial real estate.

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Change Accelerates in Supply Chains and Industrial Real Estate

Posted on January 27, 2020

By Aaron Ahlburn

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Meet Larry Lance, 2020 Chairman

Posted on January 24, 2020

Watch a short video and get to know Larry Lance, 2020 NAIOP Chairman.

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NAIOP NC Award Nominations Are Open

We are now accepting nominations for the NAIOP NC Project of the Year awards. The Project of the Year Awards are given annually to project teams to recognize outstanding commercial development in North and South Carolina. The award is presented during the NAIOP North Carolina Statewide Meeting in Pinehurst. Nominations are accepted until February 28, 2020 by completing the online formClick here to view past winners.

Winning projects will be invited to be part the lunch panel on March 26, 2020 at the NAIOP NC Conference in Pinehurst.

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Repurposing Retail Centers: Profiles in Adaptation, Repositioning and Redevelopment

Posted on January 21, 2020

By Jason Beske, AICP

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Welcome New NAIOP Charlotte Members

Posted on January 21, 2020.

We are proud to introduce our new association members! The following is a list of individuals who have joined NAIOP Charlotte since January 16, 2020:

  • Timothy Boggs, Cenero
  • John Coleman, Northwood Office
  • Cameron Coughlin, The University of North Carolina at Charlotte
  • Jacob Hart, Schneider Electric
  • Scott Hinson, McMillan Pazdan Smith Architecture
  • Chris Kerr, Batson-Cook Construction
  • Sloan Kormelink, EDIFICE
  • Brian Landes, JLL
  • Elizabeth McMillan, Crescent Communities, LLC
  • Jason Munday, SeamonWhiteside
  • Scott Rigsby, IA Interior Architects
  • Rick Schroder, SeamonWhiteside
  • Matthew Vranjes, Civil & Environmental Consultants, Inc

NAIOP Charlotte Elects 2020 Board of Directors and Recognizes the Award of Excellence Winner at 2019 Annual Meeting

NAIOP Charlotte, the Commercial Real Estate Development Association, held its annual meeting on Wednesday, December 18, 2019, at the Charlotte City Club, where they elected the 2020 Board of Directors and announced the winner of their Award of Excellence. This award recognizes an individual who positively influences our community and industry. ­­­­Attendees also heard from Ron Kaufman, RNC National Committee; John Lassiter, Charlotte 2020 Host Committee; and Walter Price, Moore & Van Allen on the Republican National Convention coming to Charlotte in 2020 and its impact on the city’s economy.

Click Here for the Press Release
Click Here to View Event Photos

2020 Board of Directors

President – Scott Harris, Choate Construction
President-Elect – Patrick Pierce, Selwyn Properties Secretary – Jason Moore, Rodgers Builders
Treasurer – Welch Lyles, Asana Partners
Immediate Past President – Tracy Dodson, City of Charlotte
Past President – Cheryl Steele, Offit Kurman, P.A.
*For a full list of the 2020 NAIOP Board of Directors, visit our website at http://www.naiopclt.org/board-of-directors

Award of Excellence

The Award of Excellence was given to Jason Moore of Rodgers Builders, Inc. The award is presented to an individual that dutifully gives time and energy to a focused non-profit organization or community cause and humbly serves others in the community without concern for recognition or compensation. He or she champions the commercial real estate industry on a national, state and/or local level and passionately seeks to be an agent for change, even in the face of diversity. This person is seen as a real estate industry ambassador at any level of government or community.


Photo (L-R): 2019 NAIOP Charlotte President Tracy Dodson, City of Charlotte, and incoming 2020 NAIOP Charlotte President, Scott Harris, Choate Construction Company