Posted on February 20, 2019

The NAIOP Research Foundation has published the Economic Impacts of Commercial Real Estate report.

Combining the economic contributions of new development with the economic contributions from operation of existing buildings, the following economic contributions were made:

Posted on February 12, 2019

The Charlotte planning department has postponed a public hearing for its new Transit-Oriented Development (TOD) zoning ordinance from February 25th to March 18th, as it revises the proposal to incorporate feedback from REBIC and other stakeholder groups.

Posted on January 30, 2019

By Richard Sarkis

Posted on January 21, 2019

• Debunking The Three Myths Of Commercial Real Estate Technology - Forbes (Jan. 2, 2019) Read more
• Google's Take on Co-Working and Sharing Spaces - GlobeSt.com – Subscription required (Jan. 7, 2019) Read more
• In 2069, Your Food Will Shop for You - Medium (Jan. 3, 2019) Read more
• Opportunity Zones: Navigating A Path to Investment - Newmark Knight Frank (December 2018) Read more
• The surge in online-shopping returns has boosted the warehouse sector - CNBC (Jan. 4, 2019) Read more
• Why developers are offering 'experiences' to attract suburbanites - Washington Post (Jan. 3, 2019) Read more
• The Year Ahead: Down But Not Out - GlobeSt.com – Subscription required (Jan. 7, 2019) Read more

Posted on January 16, 2019

Written by Joan Woodard

Posted on December 19, 2018

As companies collect and analyze more data, supply chains and warehouses operations will most likely be improved, trending towards transparency and efficiency. JLL identified six likely benefits of big data across the supply chain:

• Enhancing predictions and planning: What do customers want and when? Being able to predict the demand of shoppers can make supply chains and warehousing more proactive. Greater use of consumer spending data through algorithms should make supply chains more nimble and reactive.
• Keeping a closer eye on goods: Technological advancements mean it’s now easier to track and trace products than ever before. Track and trace systems will create more certainty along the entire supply chain.
• Getting more from distribution networks: Many businesses only review their distribution networks on an infrequent basis, often using incomplete data sets and with limited insights on developing trends. This is where big data could prove useful.
• Delivering goods more efficiently: The growth of e-commerce has meant that more packages leave warehouses than enter them; one box of gadgets from a wholesaler could go on to 10 or more separate addresses. Being able to improve scheduling and routing of deliveries is a potential cost cutter especially when it involves multiple drops.
• Reducing risk from the elements: Big data can help lessen supply chain risk from external factors – such as the weather.
• Creating smart warehouses: Another way to improve efficiency and cut costs is within the walls of the warehouse itself. More connectivity – for example through new 3D digital tools – can boost the efficiency of operations inside, as well as energy performance.

Posted on December 18, 2018

By Brielle Scott

Posted on December 14, 2018

GOVERNING reports that Amazon’s decision to locate its second headquarters in already economically strong areas drew the ire of those who had hoped the company would choose a city that needed a boost. However, landing a large corporation isn’t the best way to improve a local economy and spur job growth. The article cites a report by the Urban Institute and the Brookings Institution that advised cities to concentrate on growing existing business and not luring outside companies. “Most job expansion and contractions come from birth and deaths of homegrown businesses or expansion or contractions of existing home-based businesses,” said Megan Randall, a coauthor of the report.

Posted on December 13, 2018

By Dr. Hany Guirguis and Dr. Joshua Harris

Posted on December 12, 2018

By Andy Cohen

Posted on December 10, 2018

By Richard Sarkis

Posted on November 21, 2018

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2018.

Posted on December 7, 2018

By Brielle Scott

Posted on November 8, 2018

By: Christopher Lee

Posted on November 6, 2018

By Rick Steger

Posted on November 2, 2018

The NAIOP CRE Sentiment Index for September 2018 (a composite of nine survey questions), showed positive changes in seven of the nine questions that underpin the Index. This survey's 0.66 Sentiment Index reading is the highest posted since the full survey commenced in March 2016.

Posted October 26, 2018

Green roofs have been slowly catching on in the U.S., but more municipalities are encouraging or requiring their installation to reduce energy costs and absorb stormwater. According to an article from Governing.com, two companies are helping to guide green roof installation. Counterpointe Sustainable Real Estate and Green Roofs for Healthy Cities advise companies and municipalities on the best way to adopt green roofs. Additionally, The Living Architecture Performance Tool is a “rating system and best practice guide” to achieve “measurable and replicable performance benefits” when building green roofs.

The Town of Huntersville is considering establishing its own local development review and permitting agency, bringing in-house a variety of services now provided by Mecklenburg County.

The main services the Town would take over from LUESA include development plan review; zoning, development and erosion control inspections; and bond administration. The Town Manager told the Board this week that five new positions would need to be created to provide these services.

Posted on October 16, 2018

A recent New York Times article, The Most Important Least-Noticed Economic Event of the Decade, describes how in 2015 and 2016 a confluence of interconnected forces had a significant impact on the world economy and the presidential election but not many were aware that it ever happened. This slowdown went mostly unnoticed as it primarily affected the energy and agricultural sectors and their equipment suppliers, but it has some important political and economic implications.

Posted on October 15, 2018

By Jennifer Lefurgy, Ph.D.