The largest and best-known “edge city” in the U.S. is being transformed into a more walkable urban center. Read the Cover Story

Summer 2018 Issue

manufacturing space

The Evolving Automotive Industry: Detroit Meets Silicon Valley

By: Michael E. Karp, Cushman & Wakefield

Electrification, artificial intelligence, autonomy and mobility services are having big impacts on the Bay Area commercial real estate market.      

distribution center

395 Pedricktown Road: Tailored Improvements For a Specialized Tenant

By: John Seelmeyer

A speculative building in southwest New Jersey incorporates specialized systems to control spills and fire protection requirements for storage of liquid petroleum products.      

apartment building

The Distillery North: Passive House Apartments in South Boston

By: Michelle Apigian, AIA, Icon Architecture

The largest Passive House project in Massachusetts offers lessons for developers seeking to reduce energy use and operating costs.      

Must-Read Articles

Finance image

Construction Costs Outlook

By: Ken Simonson, Associated General Contractors of America
Steel yourself for higher materials costs.
coworking

Coworking Spaces With Child Care Services

By: Camille Galdes
A new type of coworking center is emerging to meet the needs of parents with part-time or flexible work schedules and child care needs.
movie theater

Amenity-rich Movie Theaters as Anchor Tenants

By: Amanda Tran and Adrienne Schmitz
As cinemas become popular anchors for retail and mixed-use developments, they are generating more foot traffic and creating synergies with other tenants.
Financial Illustration

Setting Up a Private Equity Real Estate Fund, Part 2

By: Jan A. deRoos, Ph.D., Cornell University, and Shaun Bond, Ph.D., University of Cincinnati
What securities laws govern private equity real estate funds, and what factors must fund sponsors take into account when operating one?
sustainable living public space

Mixing It Up in Midtown Houston

By: Kirsten Cornell, Walter P Moore
Houston’s new Midtown Park offers a wide array of amenities, plus an underground parking garage, coupled with sustainability.
semi-automated parking

Automated Parking Comes to the US

By: Scott Gable, CityLift Parking
While automated parking facilities are commonplace in Germany, Japan and China, they are gaining momentum in North America.

Related Research and Publications

The Role of Data Analytics in Commercial Real Estate Siting, Design and Valuation Decisions

By: Clifford A. Lipscomb, Ph.D., MRICS NAIOP Research Foundation
To gain a sense of how CRE firms are using advanced data analytics, the NAIOP Research Foundation commissioned this report to examine applications in site selection, design and valuation for commercial buildings. The author conducted secondary research and interviewed brokers, data providers, investors, developers and professionals at CRE technology firms.

Office Space Demand Forecast, Fourth Quarter 2022

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary Research Foundation
Net office space absorption in the fourth quarter of 2022 is forecast to be 7.1 million square feet, with absorption in 2023 forecast to slow to 8.1 million square feet for the entire year. Moving forward, the forecast projects that absorption in the first three quarters of 2024 will total 13.3 million square feet.

Sustainable Brownfield Redevelopment

By: Christopher De Sousa, Ph.D., MCIP, RPP, Professor, School of Urban and Regional Planning, Toronto Metropolitan University Research Foundation

Former industrial sites and other properties that may be contaminated – commonly called brownfields – can be viable targets for redevelopment, however the costs and risks associated with environmental remediation often make these projects challenging. The NAIOP Research Foundation commissioned this brief to offer insights into the key considerations that guide sustainable brownfield redevelopment.

Perspectives

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CEO on Leadership: Larry Heard, CEO, Transwestern

By: Ron Derven, contributing editor
The president of this Houston, Texas-based commercial real estate services, investment management and development firm offers his perspective on the industry.

Capstone Candidates in the C-suite

By: Mary McCarthy, Terra Search Partners
Older, experienced professionals can add tremendous value to a CRE company.

Building a More Diverse Future CRE Workforce

By: Courtney Bulger
New NAIOP-sponsored educational programs enable gifted and talented minority teens to explore careers in commercial real estate.

Last-mile Fulfillment

By: Jim Neyer
Same-day delivery expectations for nearly every online purchase, including groceries, are driving real estate space demand and the increased use of robotics and other technologies that get goods into the hands of consumers more quickly and efficiently.

Additional Articles

What Lies Ahead for Commercial Real Estate, Part 2

By: Bill Hunt, Elmhurst Group
A look at some of the trends presenting challenges and creating opportunities for CRE.

A Hurricane Survival Guide

By: Hans Brindley, Liberty Property Trust
Almost a year later, Liberty Property Trust looks back at the impact of Hurricane Harvey.

Attracting Local Retailers to Office Buildings

By: A-P Hurd, Skip Stone
Bringing in an independent coffee or sandwich shop rather than a national chain can mean extra work for a developer, but it can also make for livelier lobbies and streetscapes.

The Legal Risks of Crowdfunding

By: John Amabile and Brian Cromwell, Parker Poe
Understanding the risks involved in crowdfunding will help real estate professionals make the most of the opportunities presented by this “engine of change.”

Transitioning Toward the Autonomous Vehicle

By: Audra Capas
Partially automated cars are already here, and will soon begin to have major impacts on commercial real estate, particularly parking infrastructure.

California Groups Seek Property Tax Hikes

By: Kevin Ivey, NAIOP So Cal Chapter, KPRS Construction
A ballot initiative could remove Proposition 13’s protections for commercial property.

New & Noteworthy

By: Julie D. Stern, Managing Editor, Development
An assortment of brief facts and figures about new and noteworthy development projects.

Research Foundation Report

Former industrial sites and other properties that may be contaminated – commonly called brownfields – can be viable targets for redevelopment, however the costs and risks associated with environmental remediation often make these projects challenging. The NAIOP Research Foundation commissioned this brief to offer insights into the key considerations that guide sustainable brownfield redevelopment. Available Now!

Sustainable Brownfield Redevelopment Cover