This West Coast office REIT finds success by investing in creative office and studio properties.

Fall 2021 Issue

Miami 810

Second-Tier Cities Thrive in the Post-Pandemic World

By: Ron Derven

Smaller metropolitan areas are recovering faster than bigger ones, and their future looks bright.      

Santa Fe 810

Suburbs, Edge Cities and Santa Fe: A Conversation with Joel Garreau

By: Gerard C.S. Mildner and Trey Barrineau

The influential author sees the next boom towns emerging in smaller cities that are “urbane without the burdens of being urban.”      

Clarendale 810

The Senior Living Sector is Poised for Growth

By: Julie Ferguson

An aging population and longer life expectancies are boosting demand for facilities.      

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Download a PDF version of the Fall 2021 Issue of Development.      

Must-Read Articles

BTN 810

Construction is Recovering but Faces Challenges

By: Ken Simonson
Materials costs have been on a rollercoaster ride for the past year.
Census 810

Preliminary Census Findings and Their Implications for Commercial Real Estate

By: Anirban Basu

Remote work and an exodus from cities are two of the biggest trends to emerge so far. First of a two-part series.

Katrina 810

Three Ways Real Estate Owners Can Benefit from Parametric Insurance Coverage

By: Kimberly Gore
These alternative policies can be used for specific risks such as hurricanes or other natural disasters.
Healthier 810

The Future of the Office is Healthier, More Engaging Spaces

By: Trey Barrineau
Building owners will need to innovate to keep workers coming back.
CEO Mike

CEO on Leadership: Mike Lafitte

By: Ron Derven
The leader of Trammell Crow Company (TCC) and global CEO for CBRE’s Real Estate Investments (REI) business segment talks about taking the leadership reins at the 
height of the COVID-19 pandemic and much more.
Office 810

Five Solutions for Building Office Interiors Amid Supply Shortages, Price Volatility

By: Andy Halik
Soaring costs for construction materials are forcing developers to get creative.
Opening 810

Creating a Solution for Essential-Worker Housing

By: Sean Rawson and John Drachman
A program in California seeks to address affordability for the “missing middle.”
Radiant 810

Rising to the Occasion: How Radiant Slabs Reduce Carbon and Improve Occupant Experience

By: Alice Devine
They’re a green alternative to forced-air systems for heating and cooling occupied space.

Related Research and Publications

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.

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.

Industrial Space Demand Forecast, Third Quarter 2021

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary Research Foundation
Demand for industrial real estate continues to be strong as the long-term trend toward e-commerce (and away from in-store sales) continues with no end in sight. With nearly 100 million new square feet delivered nationally since the beginning of the year, 450 million square feet currently under construction and another 450 million planned, the demand for industrial real estate still outpaces supply.

Perspectives

From the Editor: Adapting to the New Economy

By: Jennifer LeFurgy
Commercial real estate continues to align with the post-pandemic economy.

CEO on Leadership: Mike Lafitte

By: Ron Derven
The leader of Trammell Crow Company (TCC) and global CEO for CBRE’s Real Estate Investments (REI) business segment talks about taking the leadership reins at the 
height of the COVID-19 pandemic and much more.

Chapter Profile: NAIOP Austin

By: Trey Barrineau
The association’s newest chapter sets up shop in the fastest-growing city in the U.S.

Additional Articles

Cars 810

Autonomous Vehicles Are Down the Road, But Where Will They Park?

By: Douglas Gettman
Parking facilities could stay roughly the same size as they are today, but with significant redesigns.
ConstructTech 810

Innovation Brings Change to Commercial Construction

By: Shawn Moura
New technologies promise higher quality, faster timelines, lower costs.
Katrina 810

Three Ways Real Estate Owners Can Benefit from Parametric Insurance Coverage

By: Kimberly Gore
These alternative policies can be used for specific risks such as hurricanes or other natural disasters.
Building 810

Today's Steps for Tomorrow's Net Zero

By: Rosa Folla
Passive-building strategies can get new construction to net zero energy consumption.
Erewhon 810

Building for Retail Success in Hip Neighborhoods

By: Terry Todd
In a trendy area of Los Angeles, a multi-functional design for a grocery store makes it stand out.
New and Noteworthy

New & Noteworthy

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

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