Office-to-Industrial Conversions: A Niche Market Worth Exploring

By: Ron Derven

There’s a lot of potential, but the economic and regulatory challenges can be daunting.
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Summer 2022 Issue

ColdStorage810

Transforming an Abandoned Brownfield into a Modern Cold Storage Facility

By: Kenneth E. Rodman, Jr.

A public-private collaboration results in an $84 million investment and more than 80 new jobs in Portsmouth, Virginia.      

Last Mile 810

Last Mile: The Most Challenging Piece of the Logistics Puzzle

By: Jeffrey Small

Infill development in high-value locations can be a complex process.      

Tom DC810

A 'Calming Presence' at the Helm

By: Trey Barrineau

Thomas J. Bisacquino, NAIOP’s long-serving president and CEO, retires after three decades with the association.      

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Download the Summer 2022 Issue of Development

Download a PDF version of the Summer 2022 Issue of Development.      

Must-Read Articles

StatGreen810

Operation Zero Waste: A Greener Way to Take Out the Trash

By: Alice Devine
The TRUE Zero Waste Certification aims to divert the vast majority of garbage generated at commercial buildings away from landfills and incinerators.
BTNTruck2

A Triple-Whammy Threatens Project Viability

By: Ken Simonson
Contractors cope with rising materials, labor and interest costs.
ALAStore810

Vacant Storefronts Can be Repurposed into Retail Incubators

By: Ilana Preuss
They can provide an immediate boost in shopping districts and grow future businesses into long-term tenants.
ALAWarehouse810

The Unexpected Challenges (and Solutions) of Multilevel Warehouse Design

By: Russ Hazzard and Jonathan Chang
Experiences in Canada and Asia provide case studies for building these complex properties.
ALALab810

Mitigating Environmental Risks in Life Science Leases

By: Michael Pollack
A lot of hazardous material passes through these facilities, so caution is necessary.
ALARetail810

When Retail and Industrial Merge

By: Trey Barrineau
Last-mile distribution facilities focused on direct service to customers could be poised for growth.
Measuring810

Industrial Market Analysis: Measuring Where to Invest

By: Trey Barrineau
How data delivers insights that guide investment decisions.
Parking810

Parking in a Post-Pandemic Economy

By: Robert Dunphy
As workers return to offices and shoppers return to stores, new parking strategies may emerge.

Related Research and Publications

New Places and New Spaces for E-commerce Distribution: Three Strategies Bringing Industrial and Retail Real Estate Closer Together

By: Dustin C. Read, Ph.D./JD Research Foundation
The NAIOP Research Foundation commissioned this report to examine three trends related to this convergence: the conversion of shopping centers to distribution centers, adding distribution uses to existing retail buildings, and the development of mixed-use properties that include both distribution and retail.

New Places and New Spaces for E-commerce Distribution: Three Strategies Bringing Industrial and Retail Real Estate Closer Together

By: Dustin C. Read, Ph.D./JD Research Foundation
The NAIOP Research Foundation commissioned this report to examine three trends related to this convergence: the conversion of shopping centers to distribution centers, adding distribution uses to existing retail buildings, and the development of mixed-use properties that include both distribution and retail.

Office Space Demand Forecast, Second Quarter 2022

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary Research Foundation
The U.S. office market absorbed 21.6 million square feet across the last quarter of 2021 and the first quarter of 2022. Office market vacancy rates increased for the 10th straight quarter to start the year, but a look inside the numbers reveals that the completion of new office product is partially responsible.

Perspectives

A Job Well Done

By: Jennifer LeFurgy
After leading the organization for more than 30 years, Thomas J. Bisacquino will begin a well-deserved retirement.

CEO on Leadership: Meg Epstein

By: Ron Derven
The CEO of CA South, which develops office, industrial and residential properties in the Nashville area, discusses her vision of leadership in commercial real estate.

Chapter Profile NAIOP Raleigh Durham

By: Trey Barrineau
Life science properties are hot in this market, which is experiencing explosive population growth.

Additional Articles

Wetlands 810

Biden Wetlands Regulation May Be Upended by Supreme Court

By: Aquiles Suarez
Waters of the United States case could resolve a long-running dispute.
Office Conversion810

A Fresh Look at Office Conversions

By: Shawn Moura
Old office buildings find a new lease on life as labs, medical offices and apartments.
New Voices meeting 810

The Growing Demand for Supplier Diversity in the Commercial Real Estate Industry

By: Jenna Glick
A new organization aims to simplify the process of procuring real estate suppliers from historically under-represented groups.
ALARFIs810

How RFIs and Change Orders Disrupt Multifamily Development Projects

By: Denis Koval
Early planning and collaboration can help avoid costly do-overs later.
Hybridoffice810

Hybrid Goals? Reinventing the Office, Faster and Better Than Before

By: Albert De Plazaola and Hannah Hackathorn
The pandemic ushers in a new era for workspace design and development.
NNBuildings

New & Noteworthy

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

Archived Issues

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Development magazine Spring 2022 
Development magazine Winter 2021/2022 
Development magazine Fall 2021 

NAIOP Insights: Designing Tomorrow's Cold Storage Facilities - Watch how can developers can capitalize on this in-demand sector

Research Foundation Report

The NAIOP Research Foundation commissioned this report to evaluate the risks and opportunities associated with office building conversions. The author conducted a review of recent publications and market data on office conversions and interviewed developers, architects and other commercial real estate professionals to provide an overview of the key considerations that go into converting an office building to a life science, medical office or multifamily use. Available Now!

New Uses for Office Buildings