Putting Together the Office Property and Big Data Puzzle

Posted on October 15, 2018

By Jennifer Lefurgy, Ph.D.

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Lawmakers Try to Deliver QIP Fix

Posted on October 12, 2018

Lawmakers in both parties are beginning to understand the real-world consequences of a drafting error in the 2017 Tax Cuts and Jobs Act and are asking for a fix. Last week, a group of 12 Senate Democrats sent a letter to Treasury Secretary Steven Mnuchin urging action on the tax treatment of Qualified Improvement Property (QIP). A similar letter from 58 House Republicans was also delivered to Speaker Paul Ryan.

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New 2018 CRE Compensation Reports Now Available

Posted on October 9, 2018

Recruiting and retaining top talent has become essential in today's highly competitive marketplace.

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Congratulations 2018 Golf Tournament Winners!

Posted on October 9, 2018

Congratulations to our Tournament Winners!

Thank You to all our Participants and Sponsors!

 

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Charlotte Regional Partnership and Charlotte Chamber Merging

Posted on September 14, 2018

Earlier this week, the Board of Directors for the Charlotte Regional Partnership and the Executive Committee of the Charlotte Chamber voted unanimously to authorize their CEOs and staff to engage in the steps necessary to formally combine the organizations. The Boards of both organizations are expected later this year to act on a formal recommendation from their respective Executive Committees to finalize the combination. It is anticipated that should the Boards vote to ratify the recommendation, the new enterprise will begin operations on January 1, 2019. We are providing the media this afternoon with a limited joint statement, but we believe it is important for you to hear this news from us first.

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2018 REBIC BBQ & Candidate Meet & Greet

REBIC’s annual BBQ & Candidate Meet & Greet is fast approaching on September 27, 2018! Make sure to get your tickets early! This annual bi-partisan Political Pig Pickin’ brings state and local candidates together with hundreds of members of the Charlotte real estate, homebuilders and development industries for an afternoon of food and fun!

WHEN: September 27, 11:30-1:30 p.m.

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Your CRE Glossary

Posted on September 6, 2018

Did you know NAIOP has a glossary of commercial real estate terms available online for your reference anytime? Bookmark the page for whenever you come across a phrase you don't know or need a refresher.

Click here to view CRE Glossary

NAIOP Joins Letter Urging Speedy QIP Fix

Posted on September 5, 2018

A total of 283 groups including NAIOP are asking the Trump administration to swiftly address particular drafting errors that were made in the Tax Cuts and Jobs Act before it was signed into law last year. In a letter sent to Treasury Secretary Steven Mnuchin, the groups asked specifically about two provisions: those dealing with qualified improvement property (QIP) and net operating losses (NOL).

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Q3 2018 Industrial Space Demand Forecast Now Available

Posted on September 4, 2018

Written By: Dr. Hany Guirguis and Dr. Joshua Harris

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Charlotte Planning Department Launches Comprehensive Reorganization

Posted on August 7, 2018

The Charlotte Planning Department is undergoing a comprehensive reorganization, in an effort to streamline the development approval process and reduce the number of conflicts that arise between final rezoning and site plan review.

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Announcing CREW’s ABC Networking Event

Posted on August 7, 2018

NAIOP Charlotte has partnered with CREW on their upcoming ABC Networking Event on September 20.  Proceeds from the event help fund the scholarships with Queens University and UNC Charlotte.

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Senate Passes Extension of National Flood Insurance Program, Sends Bill to President’s Desk

Posted on August 6, 2018

Just hours before coverage was set to lapse for thousands of homeowners, the Senate approved a bill Tuesday to keep the National Flood Insurance Program operating for four more months.  President Donald Trump is expected to sign the bill—which cleared the House last week—into law before midnight Tuesday, when the program expires.

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CRE Courses on Leasing, Marketing, Investment and more available now

Posted on July 20, 2018

TWO SUMMER COURSES ENROLLING NOW!

Leasing, Marketing and Negotiations
Aug. 15-Oct. 3, 2018
Wednesdays, noon-2 p.m. ET
Learn more.


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Marcus and Millichap: Competition for Staff Invigorates Office Space Demand

Posted on July 16, 2018

The number of available U.S. jobs now exceeds the number of people out of work and seeking employment. At the end of April, job openings stood at 6.7 million while the number of unemployed reached 6.3 million. The June 2018 Marcus and Millichap Research Brief finds that an effect of a competitive labor market is that office-using employment is driving down office vacancy rates, and over the past 12 months, the professional and business sector has been expanding at a faster pace than overall employment, driving up office demand. The professional and business sector added almost 500,000 jobs and grew at 2.5 percent compared to the national rate of 1.6 percent. The increased hiring, according to the report, drove down the national office vacancy to 13.8 percent in the first quarter of 2018.

The Impact of Ridesharing on Real Estate

Posted on July 13, 2018

recent report by MetLife states that the expansion of ridesharing, autonomous vehicles and electric vehicles will result in “highly accessible, highly efficient and comparatively inexpensive transportation” over the next decade. Researchers believe that alternative transportation, including ridesharing, will partially substitute public transportation in some areas of the U.S. and complement it in other areas, while also bringing transit access to areas not served by public transportation. The report concludes that the greater acceptance of ridesharing will lead to an increase in value for development sites with good access to uncongested roadways but limited access to public transportation.

Food Halls are Reviving Retail

Posted on July 5, 2018

An infographic by Faith Hope Consolo, chair of the retail sales and leasing division at Prudential Douglas Elliman, finds that “food is the new fashion.” Younger shoppers are more interested in “eating while shopping than their parents and grandparents,” and this behavior is leading to a trend in “eatertainment”-style properties. The report predicts by 2020, the number of food halls of 10,000 to 50,000 square feet in North America could reach 300 (up from 100 in 2017). Additionally, the report recommends a new rule of thumb for malls: 70 percent of their space toward food, entertainment and lifestyle experiences, while the remaining 30 percent should be dedicated to retail.

Don't Miss Your Chance to Apply for NAIOP's National Forums

Posted on July 3, 2018

The Forums provide a unique opportunity for members to openly discuss project challenges, business opportunities and lessons-learned in a confidential and non-competitive setting. Over time, fellow members become a trusted circle of advisors.

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Supreme Court: States May Collect Internet Sales Tax

Posted on July 2, 2018

The U.S. Supreme Court ruled in South Dakota v. Wayfair, Inc. that states may collect sales taxes from online retailers, even if those sellers do not have a physical location in the state. That reverses a decision the Court had made in 1992 in Quill Corp. v. North Dakota.

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Build Smarter: Seven Ideas for Containing Construction Costs

Posted on June 29, 2018

By Clay Edwards

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General Assembly Winds Down, with Both Wins & Some Unfinished Business for Real Estate Industry

Posted June 27, 2018

As the North Carolina General Assembly winds down an unusually short Short Session in Raleigh, Realtors®, home builders, property managers and developers are looking at some legislative victories — along with some unfinished business.

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