Partnerships, planning and perseverance are all critical components of a unique project in Milwaukee. Read the Cover Story

Summer 2021 Issue

takeaways

Eight Crucial Post-Pandemic Takeaways for the Industry

By: Ron Derven

The post-pandemic period could see a lot of innovation and experimentation in commercial real estate.      

lab

Starting a Lab Facility: A Primer for Real Estate Professionals

By: Daniel Castner, Brian Spence and Trevor A. Boz

This fast-growing sector can be complex to navigate for developers.      

manufacturing

Will Technology Impact Manufacturing Reshoring?

By: TJ Parker

And what are the implications for industrial space demand?      

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Download a PDF version of the Summer 2021 Issue of Development.      

Must-Read Articles

COVID shot

Integrating Vaccinations into Wellness Programs

By: Wendy King
The real estate industry faces unique challenges in designing vaccination programs based on workplace types and the nature of jobs.
Groceries2

Industrial Solutions for E-Commerce Grocery Fulfillment

By: Scot Murdoch
The pandemic forced the industry to adapt quickly to meet soaring demand.
Built to Suit2

Why Connectivity in Commercial Real Estate is Just as Important as Location

By: Dennis Thankachan
Modern facilities require strong internet connections to help tenants conduct business and to power the growing trend of investments in smart building technologies.
Southside2

Upcycling: Reimagining Underutilized Commercial Space as Public Space

By: Philip Wilkinson and Teresa Bucco
A project in Pittsburgh demonstrates the potential of activating common areas in older retail destinations.
construction810

"A Series of Unfortunate Events"

By: Ken Simonson
Costs for construction materials keep climbing amid shortages and supply-chain issues.
Conf table

Asset Managers Can Play a Key Role in Tenants' Return-to-Workplace Plans

By: Rob Naso
A new framework for mitigating disease in the office focuses on air quality, changing behaviors and building occupant trust.
stair

Stairs on the Rise

By: Shantala Weiss
Monumental stairs can inspire greater interaction, reduce energy costs, and improve employee health and fitness.
Tradepoint2

Tradepoint Atlantic: A Modern Industrial Revival

By: Kerry Doyle & Marc Salotti
A former steel mill site is being redeveloped into a major East Coast logistical hub.

Related Research and Publications

Office Space Demand Forecast, Second Quarter 2022

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary Research Foundation
The U.S. office market absorbed 21.6 million square feet across the last quarter of 2021 and the first quarter of 2022. Office market vacancy rates increased for the 10th straight quarter to start the year, but a look inside the numbers reveals that the completion of new office product is partially responsible.

Findings from the Development Approvals Index

By: C. Kat Grimsley, Ph.D. Research Foundation
The NAIOP Research Foundation released The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes (the Index). The Index provides a systematic method to evaluate and compare approvals processes in different jurisdictions objectively (e.g., without the use of opinion surveys or based on the experiences of a particular individual).

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

Chapter Check-In: NAIOP San Francisco Bay Area

By: Trey Barrineau
The global tech and life sciences hub continues to see significant investments despite the pandemic.

Survey Shows Progress in Diversity Efforts in Real Estate Investment Management

By: Trey Barrineau
However, a lot of work remains despite tangible advances in recent years.

The Chair's Outlook

By: Molly Ryan Carson
Like every organization, NAIOP pivoted throughout the past year to meet the changing needs of our members as the pandemic reshaped our businesses.

CEO on Leadership: Jean V. Kane, Former CEO of Colliers International Minneapolis/St. Paul

By: Ron Derven
The former leader of Colliers International-Minneapolis/St. Paul and 2014 NAIOP National chair talks about how she took a locally owned real estate company and made it part of an international firm with 18,000-plus employees and 400 offices in 67 countries.

Additional Articles

Bystonic

Rethinking the Corporate Headquarters

By: Karl Heitman
A project near Chicago shows the potential for hybrid facilities where offices, warehouse space and manufacturing operations exist under one roof.
DevIndex810

Shedding Light on Development Approvals

By: Jennifer LeFurgy, Ph.D.
A new tool helps real estate professionals compare local permitting processes.
Build2

Build-to-Suit vs. Spec: Which Building is Right For a Specific Company?

By: K.J. Jacobs
Businesses that are young and growing might lean toward spec; older, established firms could favor build-to-suits.
firstpark

New & Noteworthy Projects

By: Trey Barrineau
Brief facts and figures about new and noteworthy development projects across North America.
CMBShall2

CMBS Coupon-Clipping: Tips for Commercial Mortgage Shopping

By: Andrew Foster and Cody Charfauros
Liquidity returns to the market as pandemic disruptions begin to subside.
Govt810

Biden's Infrastructure Policies Would Transform Post-Pandemic Economy

By: Aquiles Suarez
The 10-year, $2.65 trillion plan goes far beyond “roads and bridges” and would impact many industries, including commercial real estate.

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