Strong industrial demand translates into rewarding investments for those willing to take on the risks.

Winter 2021/2022 Issue

Supple Chain 810

All Eyes on the Global Supply Chain

By: Trey Barrineau

Logistics and transportation issues are top of mind in the commercial real estate industry — and around the world.      

UCSD 810

Expanding the Pipeline: Promoting Diversity in Undergraduate and Graduate Real Estate Programs

By: Shawn Moura

Universities can play a key role in encouraging the industry to build a workforce that better reflects the U.S. population.      

Suburbs 810

Suburbs, Office Space and – Peanut Butter?

By: Trey Barrineau

In September, NAIOP brought together national research directors and academics for an in-depth discussion of the future of the office in the aftermath of the COVID-19 pandemic.      

Sustain 810

The Challenges of Building for Sustainability

By: Melissa Stok and Jess Horowitz

It requires effort at every stage of the process, according to those in the field.      

Must-Read Articles

St Regis 810

How Real Estate Tokenization Could Revolutionize Future Capital-Raising Efforts

By: Ryan Zega
Selling fractional ownership of properties has the potential to unlock much more investment.
Modular 810

Modular Construction Faces Unique Risks

By: Daniel F. McLennon
Anticipating and addressing them can help ensure successful projects.
Real Time 810

The Benefits of Real-Time Cost Estimating

By: Michael O’Reilly
The technique can save money, but it’s important to understand how it differs from milestone-based estimating.
Cultural 810

How Cultural Venues Can Elevate Mixed-Use Developments

By: Daniel Ordower
These spaces provide the prestige — and foot traffic — that can help boost property values.
First Mile 810

Industrial Real Estate Opportunities in U.S. First-Mile Markets

By: TJ Parker
Investors target these markets as demand for e-commerce continues to surge.
LIBOR

The Multiple Benchmarks of a Post-LIBOR World

By: Derek Taylor and Paul Dombrowski
SOFR and CSR are key ingredients in the alphabet soup of solutions for interest rates.
Congestion 810

More Destinations or Faster Roads: Thinking of Traffic Congestion Like a Traveler

By: Robert Dunphy
Access to jobs and services could be a more important metric than time spent commuting.
WLC 810

Cradle to Cradle: Understanding Whole Life Carbon

By: Alice Devine
Complex calculations go into determining the environmental impact of construction.

Related Research and Publications

Office Space Demand Forecast, Fourth Quarter 2021

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary Research Foundation
Although office net absorption remained negative throughout 2021, it is gradually climbing toward the positive side of the scale. Total net absorption in the third quarter of 2021 was -5.2 million square feet, back from a near record of -34.8 million square feet at the end of the first quarter of 2021.

How the Other Half Builds: Small-Scale Development in Tertiary Markets

By: Shawn Moura, Ph.D., Director of Research, NAIOP Research Foundation
Real estate development and ownership in smaller markets differs from development and ownership in larger markets in ways that tend to deter large regional or national developers and favor local developers. This research brief draws from a survey of NAIOP members and interviews with developers in tertiary markets such as Western Michigan and Southwest Missouri to examine these differences and their implications for developers and investors.

A Two-Dimensional Approach to Evaluating Commercial Real Estate Markets

By: Maria Sicola, Charles Warren, PhD, and Megan Weiner, CityStream Solutions, LLC Research Foundation
A new NAIOP Research Foundation report by Maria Sicola, Charles Warren, Ph.D., and Megan Weiner builds on last year’s report on market tier and ranking systems by describing a two-dimensional approach to evaluating and comparing commercial real estate markets. The report examines 15 years of market data to test multiple two-dimensional models for evaluating the 50 largest industrial and office markets in the United States.

Perspectives

CEO on Leadership: Molly McShane

By: Ron Derven
The leader of The McShane Companies, headquartered in Rosemont, Illinois, talks about taking the reins of the 35-year-old family-owned business and focusing the firm on smart, sustainable growth.

Chapter Profile NAIOP New Mexico

By: Trey Barrineau
Two long-serving executives (and spouses) who are retiring reflect on their time at the head of the organization.

Developing Leaders Award Winners Share Career Advice

By: Marie Ruff
Outstanding young NAIOP members reveal what’s helped them make their way in the industry.

Additional Articles

NN Banner

New Noteworthy

By: Trey Barrineau
An assortment of brief facts and figures about new and noteworthy development projects.
Tall Building 810

Rethinking Tall Buildings for Human Interaction

By: Ryan Mullenix, Greg Smith and Dr. John Medina
Or, a developer, a neuroscientist and an architect walk into a skybar …
Research Update 810

Adding Another Dimension to Real Estate Market Analysis

By: Shawn Moura
A new model provides fresh insights into industrial and office markets.
By the numbers 810

Developers May Soon Feel the Workforce Woes Hitting Contractors

By: Ken Simonson
Fewer workers, higher wages and vaccination issues roil the construction industry.
Canada 810

Canada Skates Through a Status Quo Federal Election

By: Paul J. Brown
America’s northern neighbor is looking ahead to a post-pandemic world.

Research Foundation Report

The NAIOP Research Foundation asked the authors of the 2020 report to develop an alternative model for evaluating commercial real estate markets that uses a two-dimensional analysis to simultaneously evaluate multiple market characteristics such as size and risk. Available Now!

A Two-Dimensional Approach to Evaluating Commercial Real Estate Markets