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Summer 2019 Issue

New Albany Ohio

An Ohio Suburb's Strategy to Win Business Investments

By: Jennifer Chrysler

New Albany, about 15 miles northeast of downtown Columbus, maximizes the planning process to beat major cities in the development sweepstakes.      

Two Summerlin

Two Summerlin: An Office Building with a Unique Exterior Skin

By: Lori M. Lea, AECIndustryPro.com

Custom precast panels and energy-efficient elements help set this award-winning project apart.      

national forum attendees

NAIOP's National Forums: The Power of Relationships

By: Rich Tucker

Five members of the association’s Deal and Investment Concepts Forum tell how members bond through relevant, in-depth conversations in a noncompetitive setting.      

Must-Read Articles

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The Northern Influence of Commercial Real Estate

By: Rich Tucker
The industry’s impact on Canada is the focus of a new NAIOP research report.
construction costs

Construction Costs Outlook

By: Ken Simonson, Associated General Contractors of America
After a brief retreat, outlays for materials are poised to increase; meanwhile, compensation for workers continues to climb.
5G wireless

The Future of 5G in the Commercial Real Estate Industry

By: Jeff Gudewicz, Wilson Electronics
A reliable cellular and data network will be vital for a wide range of businesses and other activities.
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Industrial Sector to Remain Strong in 2019 as Economy Steadies

By: Various
The NAIOP Industrial Space Demand Forecast sees few changes from 2018.
retail data

Data Drives Decision-Making in Retail Real Estate

By: Stacy Engles Wipfler, Husch Blackwell
Analytics can guide store size and configuration, help save money and improve customer engagement.

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.

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.

Office Space Demand Forecast, Second Quarter 2021

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary and the University of Cambridge Research Foundation
Increasing COVID-19 vaccination rates and strong economic growth will help demand for office space rebound, with a return to positive net absorption forecast for the fourth quarter of 2021. Quarterly net absorption in 2022 is forecast to average 11.7 million square feet, in line with the 2015-2019 quarterly average of 11.6 million square feet.

Perspectives

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From the Editor: Swimming in Oceans of Information

By: Jennifer LeFurgy
The digital revolution is shifting how we relate to each other and the world.

CEO on Leadership: Mark Saturno, CEO, IDI Logistics

By: Ron Derven
The leader of this Atlanta, Georgia, industrial development firm reflects on its purchase by two Canadian public pension funds and its strategy to develop logistics buildings in coastal and gateway markets.

Coinsurance: The Misunderstood Property Insurance Pitfall

By: James Eldredge
How often should you review your property insurance policy to make sure you’re fully covered?

Chapter Profile: NAIOP Wisconsin

By: Trey Barrineau
Foxconn has grabbed a lot of headlines, but that’s not the only thing going on in commercial real estate in the Badger State.

Diversity and Inclusion: 'You Have to Have This Conversation'

By: Trey Barrineau
Industry leaders share advice on how to turn lofty ideals into concrete plans for action.

Positive Themes Continue to Shape CRE

By: Greg Fuller
We’re halfway through 2019, and the general outlook of our members remains positive as the industry and economy continue to operate on all cylinders.

Additional Articles

distribution center

Tee-Commerce: Acing the Golf-Course Conversion

By: Steve Kros, Transwestern Development Co.
With acres of open space in prime locations, abandoned golf courses can be ideal spots for infill warehouse and distribution facilities.
public spaces

Activating Public Spaces Can Attract Users, Create Community

By: Angelo Carusi, Cooper Carry
A Nashville-area mixed-use development illustrates the uplifting potential of landscape architecture.

Intelligent Security Strategies Can Support Smart Buildings

By: Hank Monaco, Johnson Controls
Interconnected security systems help make for safer, more efficient facilities.
new and noteworthy

New & Noteworthy

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

Some Property Owners Could Face Surprising Tax Bills

By: Dan Thrailkill, Ellin & Tucker
A drafting error in the recent tax reform law has the potential to take a big bite out of the bottom line for developers who renovate properties for new tenants.
microsoft schipol airport

Microsoft's Workplace Strategy for Sales Offices Evolves

By: Doug Lowrie, Microsoft
Flexible space is now key for the technology giant, which recently overhauled the way it markets its products.
sustainable hotel development

The Hotel Sector Can Profitably Embrace Sustainable Development

By: Hyon K. Rah, RAH Solutions
Green practices aren’t just for eco-hotels; all types of lodgings can benefit, too.
modern stormwater technologies

Blue, Green and Smart: New Land-Use Patterns Drive Modern Stormwater Technologies

By: Anthony Mayer, Hanging Gardens LLC
As densities increase, environmentally advanced infrastructure and systems can help developers manage runoff in cities.

Parking Perplexities: Developers Face New, Growing Challenges

By: Mark L. Elliott, David C. Kirk and Jenna E. Lee, Troutman Sanders LLP
Shared parking paired with technology offers solutions for changes in building usage.

Research Foundation Report

This research report provides the real estate development community with insight into current and future trends in building and logistics technologies and their implications for industrial real estate. Available Now!

Evolution of the Warehouse Report