Development - Ownership

rendering of three new buildings and one current building

Brandywine Realty Trust: “Make No Little Plans” 

Brandywine Realty Trust closed 2013 with the best results in its 20-year history. Using a multiyear portfolio repositioning strategy, it pivoted almost seamlessly from its suburban office roots of the 1990s to focus on urban centers. Today, its urban and town center properties (those located in mixed-use areas and/or with access to transit) represent 48 percent of its portfolio and over 67 percent of its net operating income.

office building at night

DaVita World Headquarters: New Corporate Office Tower Promotes Healthy Living 

Situated at the base of Denver’s Millennium Bridge, across from Denver Union Station, sits DaVita’s new corporate headquarters. The iconic building, standing 14 stories in the Central Platte Valley District, has reshaped the downtown skyline and set a new precedent for world-class office accommodations.

exterior view of a distribution center

Maple Leaf Foods Distribution Centre: Overcoming Challenges with Integrated Project Delivery 

Switching sites, revising drawings and redesigning systems three months into the project schedule for a complicated, 282,000-square-foot state-of-the art distribution center should have stressed the project’s schedule and budget. Yet the refrigerated, LEED Gold facility in Puslinch, Ontario, was completed on schedule and on budget.

law library with tables, chairs and bookcases

No Objections: Kilpatrick Townsend Reimagines the Law Office 

The way people work is changing, and law firms like Kilpatrick Townsend are leading the charge in creating workspaces that accommodate advances in technology and meet employees’ new expectations of office space. Law firms must abandon traditional workspace in order to work more efficiently and to attract and retain clients and top talent.

speaker at a podium

The View From I.CON: Everyone Loves Industrial 

The good news coming out of I.CON: The Industrial Conference, held in Jersey City, New Jersey, on June 5-6, is that everyone loves industrial. The not-so-good-news is that there is fierce competition for properties and continuing cap rate compression is driving the numbers into the 4s.

coworking lab

A Coworking Center for Scientists 

LabCentral, a shared incubator space for biotech startups that first opened for business in Cambridge, Massachusetts, in November 2013, could serve as a model for a new type of building tenant. Founded by doctor-turned-entrepreneur Johannes Fruehauf and life science investor Peter Parker, with help from the Cambridge Innovation Center, the facility offers researchers shared laboratory facilities as well as offices, conference rooms, seminars and professional services.

solar panels on the roof of a warehouse

Going Solar With PACE 

Property Assessed Clean Energy (PACE) is a new approach to financing clean energy generation and energy-efficiency improvements. With PACE, a local property tax jurisdiction can help finance these types of projects.

people walking through downtown areas

Walkable Urbanism and the End of Sprawl 

Office space in walkable urban areas commands a 74 percent price-per-square-foot premium over rents for office space in suburban business parks accessible only by cars, according to “Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros.” And that rent premium is growing. “Rent premiums of this magnitude reflect pent up demand for walkable urban office space,” the report notes.

From the Archives: Development Ownership Articles from the Previous Issue

a word cloud with words about pennsylvania in it

Pennsylvania's Pittsburgh Region: Keystone of Industrial Renaissance 

Pennsylvania Governor Tom Corbett has made economic development a top priority with his Jobs First Pennsylvania initiative, which was designed to encourage private sector investment. These incentives are just a few of the benefits helping businesses grow in Pennsylvania.

bridge leading into Greenspoint Business Center

Industrial Is Hot in Houston: Greenspoint Business Center 

Texas ranks second only to New York as the state with the most commercial real estate development activity. While Dallas gets much of the attention for industrial projects, Houston also has an active and growing industrial market. While the industrial real estate picture is strong today, it was bleak just six short years ago.