'This is Not a Financial Crisis. This is a Natural Disaster.'

By: Shawn Moura, Ph.D. and Trey Barrineau

The coronavirus hit the economy and commercial real estate like a hurricane. Read the Cover Story

Summer 2020 Issue

office space

Will Teleworking Change the Future of the Office?

By: Shawn Moura, Ph.D., and Trey Barrineau

The COVID-19 pandemic might not have a massive economic effect on the office sector, but it could spark big new ideas on the use of space.      

retail sector

Pain Spreads Wide in Retail and Hospitality

By: Shawn Moura, Ph.D., and Trey Barrineau

The effects of the coronavirus hit these sectors earlier, faster and more deeply than other areas of commercial real estate.      

e-commerce warehouse

Amazon Could Provide a Peek at Industrial’s Post-COVID Future

By: Ed Klimek

The e-commerce giant understands how to connect products and consumers.      

CRE industry research

Experts Speak: COVID-19’s Impact on Commercial Real Estate

By: Ron Derven

Industry researchers respond to the crisis and take a look at what’s on the horizon.      

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Download a PDF version of the Summer 2020 Issue of Development.      

Must-Read Articles

finance

CRE Loan Defaults: A Brief Guide for Lenders and Borrowers

By: Clayton Gantz, Steve Edwards and Tom Muller
The coronavirus pandemic could create a lot of distressed assets.
financial return

Five Issues Landlords Should Consider Regarding a Pandemic's Impact on Commercial Tenants

By: Michael Stewart
Many tenants need rent relief, but what are the best ways to go about providing it?
construction site

Construction Considerations During the COVID-19 Pandemic

By: Marie Ruff
An open, collaborative mindset is important in these unprecedented times.
cleaning and sanitation

COVID-19 Could Lead to Cleaner, Healthier Buildings

By: Trey Barrineau
Expanded sanitation processes and improved HVAC systems could become standard in the years ahead.
coronavirus covid19

Property Owners Must Prepare for Potential COVID-19 Liability Issues

By: Ron Derven
During a pandemic, business-interruption insurance may not be a panacea.
finance negotiation

Negotiating with Tenants During a Major Economic Disruption

By: Ron Derven
Flexibility is a must, but document everything as specifically as possible.
digital brokering

Force Majeure During a Pandemic: What You Need to Know

By: Grace Winters and Timi Anyon Hallem
It’s crucial to review contracts during uncertain times.

Related Research and Publications

An Overview of Emerging Construction Technologies

By: Andrew McCoy, Ph.D. and Armin Yeganeh, Ph.D. Research Foundation
The NAIOP Research Foundation commissioned this report to explore emerging construction technologies and their implications for the construction and real estate development industries. The authors draw from interviews with researchers and industry practitioners to evaluate the current benefits and limitations of new technologies.

The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes

By: C. Kat Grimsley, Ph.D. Research Foundation
The NAIOP Research Foundation commissioned the creation of an index that compares development approvals processes in different jurisdictions so that developers can make more informed investment decisions and local governments can benchmark their processes against neighboring jurisdictions.

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

View All Perspectives

COVID-19: An Unprecedented Situation Demands an Extraordinary Response

By: Thomas J. Bisacquino
NAIOP rises to the challenge.

Commercial Real Estate Pitches in to Fight COVID-19

By: Richard Tucker
Industry’s charitable efforts help save lives and ease the economic burdens of the pandemic.

A New Direction for CRE

By: Jennifer LeFurgy
Although pandemics are not necessarily outliers, I don’t think many of us could have predicted the events of the past months.

In Times Like This...

By: Larry Lance
It’s during times like this that we have to prioritize what’s most important.

Former NAIOP Chairman Jim Neyer Retires

Jim Neyer, NAIOP’s national chairman in 2018, retired from AI.Neyer on May 1.

Additional Articles

loan agreement

COVID-19 Challenges: Approaching a Mortgage Lender for Help

By: Trey Barrineau
Important advice for borrowers who own buildings where tenants are in trouble.
US capitol

Washington Responds to COVID-19

By: NAIOP Government Affairs Staff
Congress and the Federal Reserve took unprecedented action to shore up businesses, including commercial real estate.
FirstNet public safety network

The Importance of In-Building Wireless for the FirstNet Emergency Network

By: Ted Hebron
A dedicated digital network for first responders might require modifications to commercial properties.
motherboard

See Spot the Construction Robot Run, Climb, Scan, and More

By: Trey Barrineau
The coronavirus pandemic could push contractors to consider technological solutions to labor issues.

Archived Issues

View All Archived Issues
Development magazine Spring 2021 
Development magazine Winter 2020/2021 
Development magazine Fall 2020 
LI No. 3

NAIOP Research Foundation | October 2020 Update

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