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:
Numerous vacancies remain on several Charlotte City Council-appointed Boards and Commissions.
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:
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.
Originally published on October 12, 2022, by Ed Finkel for NAIOP.
Supply chain, logistics and transportation play a major role in site selection for industrial real estate, which has been disrupted along with many other economic sectors by the COVID-19 pandemic but remains in a strong position overall, said Adam Roth, CCI, SIOR, executive vice president of NAI Hiffman, at CRE:Converge 2022.
Originally published on October 12, 2022, by Ian P. Murphy for NAIOP.
Pressure to satisfy environmental, social and governance (ESG) goals among companies in the commercial real estate sector has intensified during the COVID-19 pandemic, according to panelists at CRE.Converge.
Originally published on October 12, 2022, by Matt Baron for NAIOP.
Midway into a panel discussion at CRE.Converge, a quip about the Federal Reserve behaving like a novice teenaged driver – “way too much gas, way too much brake, way too much gas” – drew laughter from many attending the jampacked session. But palpable nervousness tinged those chuckles at the metaphor by moderator Bart Johnson, president, and CRE market head, of Wintrust Bank.
The Transportation, Planning, and Development Committee held its first meeting of the new council term and reviewed its charge and procedures. Members of the Committee, along with Mayor Pro Tem Braxton Winston who also attended, heard several presentations from planning staff that included:
To view the full agenda and video, click the links below:Originally published in the Fall 2022 Issue of NAIOP's Development Magazine.
The Morton Salt Company warehouse on Elston Avenue in Chicago once furnished tons of preservative salt for the city’s tanning industry. Today it is itself preserved — a city landmark in the process of rebirth as a concert venue combined with commercial and office space.
Originally published on September 28, 2022, by Dan Berthiaume for Chain Store Age.
Walmart is debuting a proprietary supply chain automation system in its new high-tech fulfillment center.
Originally published in the Fall 2022 Issue of NAIOP's Development Magazine by Plabo J. Quintana.
The modern office is in the midst of a transformation. With most knowledge workers opting out of the traditional five-day-in-office workweek in search of flexibility and hybrid work solutions, the shape, size and focus of the future office is rapidly changing.
