June 8, 2021

THE SOURCE News and Trends in CRE

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Welcome, New Members!

May brought more than 250 new members to the leading association for commercial real estate developers, owners, investors and other professionals. Find out who joined your chapter last month and welcome them to NAIOP!
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Looking for Industrial Leaders? Come to I.CON!

I.CON: The Industrial Conference regularly attracts the biggest names in industrial real estate as attendees, speakers and sponsors. More than 220 industrial real estate professionals have already registered for I.CON West, Aug. 31-Sept. 1, in Long Beach, California. Don’t miss the networking, deals and industrial insights (in person!) – register today.
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Office Space Absorption Projected to Stabilize by Mid-2022

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q2 2021. The authors predict that 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.
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Infrastructure Talks Continue as Senate Ruling Makes Reconciliation Difficult

Discussions over a bipartisan infrastructure deal have entered a critical stage as the Biden administration negotiates with Senate Republicans.
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Apply for the National Forums Program

NAIOP’s National Forums program is known for insightful discussions, supportive partnerships and professional guidance. National Forum members meet in select groups – including a group just for Developing Leaders – and connect online year-round; the next meeting will take place at CRE.Converge in Miami Beach, Florida. Applications for the National Forums are only open twice each year, so learn more and apply today!

Webinar July 14: Designing Office Buildings for a Reimagined Future

As hybrid work styles are adopted post-pandemic and office workers look for a more purposeful trip to the office, tomorrow’s workplace will be a place where health and wellness, sustainability, and social responsibility are the essential drivers. In this webinar, experts will discuss what impact these evolving needs will have on buildings, business districts and cities.
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Get CRE Certified This Summer

Add to your professional skill set or increase your credibility in transitioning to a new field by earning your Certificate of Advanced Study through the NAIOP Center for Education. The two tracks – in either real estate finance or commercial real estate development – provide you the practical knowledge you can apply to your job from day one. Use promo code SUMMER21 to waive certificate fees through Aug. 31!
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Lessons in Mitigating Risk on a Megaproject

Megaprojects can transform landscapes, improve quality of life and deliver significant economic benefits to their communities. When they are sited on a waterfront in a binational urban area, they take on even more complexity. Development magazine explores a San Diego megaproject that will transform a formerly blighted stretch of waterfront into a thriving destination.
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NAIOP Research Foundation Appoints Two Distinguished Fellows

Suzanne Lanyi Charles, Ph.D., Cornell University, and Fred Forgey, Ph.D., Nova Southeastern University, have been appointed by the NAIOP Research Foundation as Distinguished Fellows, a program that engages leading commercial real estate, economic and public policy experts, helping to bridge the practicing commercial real estate and academic communities.
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CRE Must-reads

Apple employees to return to the office three days a week in September

CNBC (June 3)
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How to buy industrial assets at a reduced fee

Ten-X (Sponsored link)
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In-Person and In Demand: Live Real Estate Conferences Are Making a Comeback

WealthManagement.com (June 7)
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Industrial Development Accelerates to 5-Year High

Market Share Blog (May 25)
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Investors Pour $10b Into Life Sciences Real Estate This Year

Propmodo (June 2)
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NBA All-Stars Invest in $1 Billion Harvard Real-Estate Development

The Wall Street Journal (June 1)
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White House Budget Provides Details for Biden Tax Proposals

Market Share Blog (June 2)
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Why Southwest Florida’s Office Market Reveals Reasons for Optimism

Market Share Blog (June 4)
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