Development Magazine Winter 2012

Competition for Quality Assets Spurs Creative Investment Strategies

By: Ellen Rand, contributing editor, Development

Because the low-interest-rate, low-inflation environment is expected to continue for the foreseeable future, the challenge for investors and lenders of all types is to find investments that offer something more than single-digit yields.

Other Features In This Issue
450 Sutter office building

450 Sutter: The Art of Preservation

An office tower built before the Great Depression gets a sustainability makeover while preserving its unique architecture.      

the commuter rail terminal at  Denver Union Station

Denver Union Station: A Transportation Model for Urban Revitalization

Public and private entities redevelop a former railyard into a transit-oriented project that becomes a multi-modal transportation hub and a catalyst for sustainable development.      

Domain II mixed-use project

Navigating Project Expansion During a Recession

A developer moves forward with phase II of a mixed-use project, overcoming economic, construction and design challenges along the way.      

a reception at the Development 12 conference

Forecast '13: Slow Growth Expected

Development '12 conference session highlights on the impact of economic headwinds on commercial real estate; the state of the capital markets; value-add opportunities beyond the major markets; and corporate tenant space preferences.      

office building of the future brochure cover with four office concepts

Office Building of the Future, 2020 Design Competition

How will an office building developed in 2020 look and function? How will evolving user trends affect building design and operations? To gain valuable perspective, NAIOP invited its architect members to participate in a design competition, seeking the most innovative concepts and designs for the office building of the year 2020.      

Advocacy

All Advocacy Articles

Development - Ownership

  • 450 Sutter: The Art of Preservation

    An office tower built before the Great Depression gets a sustainability makeover while preserving its unique architecture.      

  • Strategically Green - A Historic Office Building Comes of Age

    As land development opportunities become increasingly scarce, owners and developers are focusing on redevelopment to enhance value for existing properties. Many developers are finding tremendous demand for well-located but obsolete office buildings that have been transformed into contemporary environments. One example of a redevelopment effort that modernized an existing building is the Plaza at Las Olas in the heart of downtown Fort Lauderdale, Fla.      

  • Denver Union Station: A Transportation Model for Urban Revitalization

    Public and private entities redevelop a former railyard into a transit-oriented project that becomes a multi-modal transportation hub and a catalyst for sustainable development.      

  • Forecast '13: Slow Growth Expected

    Development '12 conference session highlights on the impact of economic headwinds on commercial real estate; the state of the capital markets; value-add opportunities beyond the major markets; and corporate tenant space preferences.      

  • Strategically Green - NAIOP Sustainable Development Award Honors Boston Properties for Atlantic Wharf Project

    Massachusetts-based Boston Properties was named the recipient of NAIOP’s annual Sustainable Development Award, presented during a special ceremony at Development ‘12: The Annual Meeting for Commercial Real Estate. Boston Properties was honored for their mixed-use project, Atlantic Wharf, in Boston, Mass.      

  • Navigating Project Expansion During a Recession

    A developer moves forward with phase II of a mixed-use project, overcoming economic, construction and design challenges along the way.      

  • Office Building of the Future, 2020 Design Competition

    How will an office building developed in 2020 look and function? How will evolving user trends affect building design and operations? To gain valuable perspective, NAIOP invited its architect members to participate in a design competition, seeking the most innovative concepts and designs for the office building of the year 2020.      

  • Under Development - Want to Attract E-Commerce DC Tenants? Have Plenty of Land

    One reason users of e-commerce distribution centers need cheap land is they use so much more of it than the traditional DC. At a session on e-commerce development at the NAIOP Development ‘12 conference, Robert Fenza, Liberty Property Trust, described a recent one-million-square-foot, e-commerce DC project that required 1,500 parking spaces to accommodate the year-round and surge labor forces.      

All Development - Ownership Articles

Marketing - Leasing

  • On Business Tech Takes - Developer Goes Digital to Lease Office Building

    Electronic and social media marketing may not yet spell the demise of glossy brochures, tombstone ads and other traditional marketing techniques to lease commercial real estate, but they are additional and powerful tools that can be applied, along with more common methods.      

  • In Touch with Tenants - Low-Cost, High-Impact Ways to Retain Tenants

    No building owner wants to lose a creditworthy tenant, especially in this economy. But at the time of lease renewal, how do you keep tenants in place, especially when competitors are banging on their doors with a variety of offers? According to John Falco, principal, and Phil Mobley, vice president, Kingsley Associates, there are proven ways to achieve high levels of tenant retention.      

  • NAIOP's 2013 Buyers Guide

    Looking for an architect, engineer or contractor for your next redevelopment project? The NAIOP guide in this issue lists dozens of firms around the country.      

All Marketing - Leasing Articles
  • First Look - Hiring and Telecommuting Increase in 2012

    What’s on the minds of CEOs besides reshaping business models, refinancing credit and controlling operating costs? Employee retention, upgrading the talent base and hiring, says the 2012 NAIOP Commercial Real Estate Compensation and Benefits Report.      

  • On Business - Keys to Work-Life Balance

    Even as the one-income family has faded into the past for most people, modern families and businesses continue to grapple with balancing work-life issues, including workers in the predominantly male commercial real estate industry.      

  • Under Development - What E-Retailers Need in New Distribution Center Locations

    As e-commerce retailers expand their businesses, and traditional brick-and-mortar stores offer a larger part of their products online, both are carefully selecting locations for new e-commerce distribution centers that will reduce operating costs while enhancing customer service.      

All Business - Trends Articles

Finance

All Finance Articles

Perspectives

  • At Closing - Chapter Involvement Key to Economic Development

    As Bill Hunt completes his year as Chairman, he shares some takeaways from his recent chapter visits. It has been great to witness the chapters successfully addressing, each in their own way, the challenges faced in their markets during these difficult economic times.      

  • New Voices - NAIOP 2012 Developing Leaders Award Winners: Cultivating Passion to Build Career Success

    Recipients of NAIOP’s seventh annual Developing Leader Award are enthusiastic about the industry, and it is evident in the success they have attained in their commercial real estate careers. Applications were received from Developing Leaders across North America, and the honorees were chosen by a selection committee consisting of NAIOP members and industry leaders.      

  • First Look - Research Directors Weigh In

    National research directors from major commercial real estate brokerage and data firms gathered at NAIOP headquarters for an annual meeting where they discussed current and future market conditions for office, industrial, retail and apartment products. The topic of future demand for office space (square feet per employee) was among the first to emerge.      

  • Worth Repeating Winter 2012

    Comments and Tweets from Development‘12 sessions on e-commerce, the economy and the capital markets; and preferences of Gen Y workers from the National Research Directors meeting.      

All Perspectives Articles