Posted on May 4, 2018

The Supreme Court is expected to issue a decision by the end of June in South Dakota v. Wayfair, Inc., et al, a case that could change how sales taxes are collected on Internet purchases.

Posted on May 3, 2018

By Jan A. deRoos, PhD and Shaun Bond, PhD

Posted on May 2, 2018

By Jennifer Lefurgy, PhD

Posted on April 25, 2018

2018 NAIOP Charlotte/CRCBR Clay Shooting Tournament

Thank you to everyone who came out on Thursday, April 19, for the NAIOP Charlotte and CRCBR Annual Clay Shooting Tournament at Meadow Wood Farm.

Posted on April 24, 2018

The REBIC Primary Election Voter Guide is now available. View below or click here to view.

Posted on April 23, 2018

Growing e-commerce companies and a shrinking window for last-mile delivery have pushed desirable industrial properties closer to the customer. Beyond improved delivery times, businesses and industrial developers have to contend with another key factor in site selection: the labor pool.

Posted on April 20, 2018

The Net Lease Research Report by National Real Estate Investor (NREI) finds the single-tenant net lease sector will remain "in solid shape for the foreseeable future, even in what many are viewing as the late stages of the current real estate cycle." The results were compiled from 490 responses from a February survey of NREI readers; about half of the respondents held the titles of owner, partner, president, chairman, CEO or CFO. Sixty-three percent of survey participants expect cap rates for net lease properties to increase over the next 12 months. Debt and capital equity are also expected to remain as available as they have in the previous two years. The industrial and medical office sectors are predicted to drive the strongest demand over the next year. Respondents commented that there are "diamonds in the rough in secondary/tertiary markets," and the influx of German stores Lidl and Aldi will create investment opportunities. Dollar stores, largely protected from the rise of e-commerce, have "become a popular bet for some net lease investors."

Posted on April 19, 2018

By: Ashley Fahey

Posted on April 18, 2018

According to Axios, U.S. companies are “largely unprepared” for the new European Union (EU) data privacy laws that will take effect this May. The General Data Protection Regulation (GDPR) is intended to “give users more control of how their personal data are used and streamline data processes across the EU.” Companies that fail to achieve GDPR standards will face penalties and fines. Europe has taken a stricter stance than the U.S. on protecting consumer privacy and the new regulation will serve as a “litmus test for regulating the data economy.” The effects will be far-reaching for tech companies and e-commerce merchants, but will also affect any company that collects data on customers, including real estate brokers, managers and owners. Any real estate companies dealing with individuals in Europe will have to remain compliant. GDPR will grant the following rights to individuals:

Posted on April 17, 2018

Lawmakers are back in Washington after a two-week break. But as they’re coming back into town, a key figure in the Trump administration is set to depart.

Posted on April 16, 2018

By: Greg Lazaroff

Posted on April 19, 2018

A recent RCLCO Advisory Report describes the small but growing category of e-sport arenas as holding promise to anchor new and existing large, mixed-use entertainment districts in North America. Electronic sports, or "e-sports" is a broad category covering "competitive multiplayer video games played by professional video game players, for spectators’ enjoyment during regular season and tournament league games." E-sports teams are generally organized based on game title and geographic region, supported by sponsors and advertising, and are moderated by professional e-sports commentators. Spectators can view in person at various arenas or watch livestreaming events over platforms such as Twitch and YouTube. E-sports reached 335 million viewers in 2017, split between occasional viewers (57 percent) and enthusiasts (43 percent), and viewership has increased by "double-digit percentages in recent years, and is forecast to exceed half a billion viewers by 2021."

Posted on April 13, 2018

By: Clay Edwards

Posted on April 12, 2018

About The NAIOP CRE Sentiment Index

The NAIOP Sentiment Index is designed to predict general conditions in the commercial real estate industry over the next 12 months. The forecast is not based on an analysis of historical data, but rather it represents a look into the future by real estate developers, investors and operators. These NAIOP members are asked to respond to questions based on their ongoing work, including projects in their pipelines. For more information, see Understanding the Index.

Posted on April 10, 2018

According to Curbed, the 2.3 billion square feet of self-storage space in the United States could "fill the Hoover Dam with old clothing, skis, and keepsakes more than 26 times." Trends including baby boomer retirees downsizing, small businesses storing excess inventory, and millennials living in small spaces have contributed to a record-setting boom in the self-storage industry. The article cites industry experts who believe self-storage may be at its peak, and forecast a slowdown due to overbuilding in Phoenix, Arizona; New York City; and Orange County, California. Some critics have pointed out that self-storage spaces are crowding out other more productive land uses; land that could be better used for "commercial, industrial and even residential purposes." Meanwhile, China and much of Southeast Asia are catching up to the U.S. in demand for spare space and emerging as "massive growth markets."

Posted on April 9, 2018

Last week, President Donald Trump hosted a campaign-style event in Ohio to discuss his infrastructure plan. The White House Council of Economic Advisers says that, if implemented, the plan could put more than 400,000 people to work over the next decade. Infrastructure and transportation is a legislative priority for NAIOP in 2018.

Posted on April 6, 2018

By: Marie Ruff

Posted on April 5, 2018

By: Aaron Ahlburn, JLL

Posted on March 29, 2018

With more than 275 commercial real estate professionals from across the state and fantastic programming, the 2018 NAIOP NC Statewide Conference in Pinehurst was a success. The conference provided a relaxed, open setting, allowing NAIOP members to connect, learn, and enjoy a little competition on the lawn bowling greens.

Posted on March 27, 2018

Senators took a positive step last week, with an overwhelming vote to begin reforming the 2010 Dodd-Frank banking law. The measure, S. 2155, passed on a 67-31 vote, with support from members on both sides of the political aisle.