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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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

Industrial Space Demand Forecast, Third Quarter 2022

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary Research Foundation
Authors, Dr. Hany Guirguis and Dr. Michael Seiler, expect the still-hot industrial market to cool, and they forecast that the net absorption rate will continue to decline until it returns to the pre-pandemic trend.

New Places and New Spaces for E-commerce Distribution: Three Strategies Bringing Industrial and Retail Real Estate Closer Together

By: Dustin C. Read, Ph.D./JD Research Foundation
The NAIOP Research Foundation commissioned this report to examine three trends related to this convergence: the conversion of shopping centers to distribution centers, adding distribution uses to existing retail buildings, and the development of mixed-use properties that include both distribution and retail.

New Places and New Spaces for E-commerce Distribution: Three Strategies Bringing Industrial and Retail Real Estate Closer Together

By: Dustin C. Read, Ph.D./JD Research Foundation
The NAIOP Research Foundation commissioned this report to examine three trends related to this convergence: the conversion of shopping centers to distribution centers, adding distribution uses to existing retail buildings, and the development of mixed-use properties that include both distribution and retail.

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.

Research Foundation Report

The NAIOP Research Foundation commissioned this report to evaluate the risks and opportunities associated with office building conversions. The author conducted a review of recent publications and market data on office conversions and interviewed developers, architects and other commercial real estate professionals to provide an overview of the key considerations that go into converting an office building to a life science, medical office or multifamily use. Available Now!

New Uses for Office Buildings