Repositioning Yesterday’s Buildings for Today’s Changing Workforce 

By: Maria Sicola, head of Americas research, Cushman & Wakefield Winter 2014

Major retrofits and the repurposing of older buildings have become leading trends as urbanism and millennials drive transformative change. As 2014 winds down, we find the real estate industry in the throes of transformative change thanks to economic recovery and a fast-evolving workforce that continues to redefine corporate space requirements.

Edge Markets Go Mainstream 

By: Julia Georgules and Phil Ryan, respectively, vice president/director of research and a research analyst, JLL Winter 2014

The residential population of San Francisco’s Mid-Market district has spiked by 38.8 percent since 2000. The typical Dumbo household earns $123,675 per year, which is among the highest incomes in Brooklyn. These noncore submarkets have witnessed phenomenal demographic change over the past few years.

PacMutual Campus: From Aging LA Landmark to Lifestyle Offices 

By: Tyson Strutzenberg, senior vice president of asset management and development, and Marc Gittleman, senior vice president of third-party management solutions, Rising Realty Partners Winter 2014

When Rising Realty Partners purchased the historic PacMutual Campus, a 425,000-square-foot beaux arts campus of three interconnected office buildings in downtown Los Angeles it was a tired structure suffering from years of neglect. Once a jewel of downtown LA, the aging complex had faded into obscurity.

"The Dog Clause" 

By: Tyson Strutzenberg, senior vice president of asset management and development, and Marc Gittleman, senior vice president of third-party management solutions, Rising Realty Partners Winter 2014

PacMutual’s leases include a “Dog Policy” section, which specifies under what conditions tenants may bring their dogs into the building, as well as the tenants’ and landlord’s responsibilities.

Gavilon World Headquarters: Office Space and Trading Floor in Downtown Omaha 

By: Dave Menke, president, Opus Development Company LLC Winter 2014

Grain and commodity trading firm Gavilon faced a challenge in 2012. Having outgrown its existing space at ConAgra’s corporate campus, Gavilon could not find a suitable alternative. With a limited supply of new office space and increased demand in the market over the past four years, flexible office space large enough for Gavilon’s growing workforce was not available.

Liberty Sky Harbor Center: Transformation in Phoenix 

By: Robbie Tarpley Raffish, president, a.s.a.p.r., and a consultant to Liberty Property Trust for 20 years Winter 2014

Run-down. Obsolete. Outmoded. Those were the kinder words real estate brokers had for the 35-year-old warehouse at 2626 South Seventh Street in Phoenix. The hulking 240,000-square-foot building in the Sky Harbor Airport submarket was long considered a decaying lost cause.

The View From Development '14: Disruptors Abound 

By: Kim Long, founder of “The American Forecaster Almanac,” an annual report on U.S. consumer and business trends. Ron Derven, Margarita Foster and Julie Stern contributed to this article. Winter 2014

The high altitude and thin air of Denver provided an appropriate atmosphere for exploring current trends and coming scenarios at NAIOP’s Development '14: The Meeting for Commercial Real Estate. More than 1,100 people gathered there on October 27-29, a record number for a NAIOP conference.

NAIOP Sustainable Development Award Honors The JBG Companies for National Cancer Institute Campus 

By: Kathryn Hamilton, vice president for marketing and communications, NAIOP Winter 2014

The JBG Companies of Chevy Chase, Maryland, was named the recipient of NAIOP’s annual Sustainable Development Award, which was presented during a special ceremony at Development ‘14: The Meeting for Commercial Real Estate.

The Interior Design/Build-out of the Future, 2020 Design Competition 

By: Sheila Vertino, former editor-in-chief of Development magazine and a freelance writer based in the Washington, D.C., area. Winter 2014

During the spring and summer of 2014, NAIOP conducted a design competition in which it sought concepts for the Interior Design/Build-out of the Future. NAIOP invited architects to conceptualize and design “the optimal interior build-out for Class A office space within a multitenant building in a growing market” in the year 2020.

New and Noteworthy 

By: Julie D. Stern Winter 2014

An assortment of brief facts and figures about new and noteworthy development projects, transactions and trends.