August 16, 2022

THE SOURCE News and Trends in CRE

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New Report: Still-hot Industrial Shows Signs of Cooling

Amid lower pressure on global supply chains, increasing inventory carrying costs, a cooling economy and a decrease in the rate of e-commerce expansion, retailers and logistics firms have slowed the rate at which they acquired additional industrial space this year. Authors of the Q3 Industrial Space Demand Forecast from the NAIOP Research Foundation expect the still-hot industrial market to cool, and that the net absorption rate will continue to decline until it returns to the pre-pandemic trend.
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Stand Out with an Advanced CRE Certificate

It’s a great time to earn your certificate – all courses required for our certificate programs are currently 10% off with promo code SUMMER22! Courses are on-demand and materials are available within minutes of registering. Get started today!
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When Retail and Industrial Merge

The stratospheric growth in e-commerce has led to the convergence of industrial and retail under one roof and is poised to revolutionize how products are delivered to consumers in the future. Whether it’s called microfulfillment, retail industrial or last-mile fulfillment, these properties have the potential to become an important part of the investment mix for retail developers, reports Development magazine.
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Advance your Career with the National Forums

In NAIOP's National Forums program, experienced commercial real estate leaders come together for insightful, confidential and noncompetitive discussions about potential deals, project challenges, industry trends and more. Over time, fellow Forum members become a personal circle of advisors as well as valued friends. Learn more about this popular program and apply by Aug. 19 for consideration.
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Can Industrial and Residential Coexist?

When industrial projects are new to the neighborhood, communities may love the business but tire of the noise and truck traffic. In a webinar on Aug. 23, a panel of experts will discuss best practices and share how to get these projects closer to neighborhoods while keeping the community happy.
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House Clears Reconciliation Bill for Biden’s Signature

The Inflation Reduction Act of 2022 had been the subject of intense negotiations between Senate Majority Leader Charles Schumer (D-NY) and Senator Joe Manchin (D-WV).
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NAIOP in the News

Recent coverage of NAIOP’s research, insights and events in leading news publications:
   • More Offices Today are Learning to Turn Down the Volume, Propmodo
   • Growing Diverse Housing Developers: A New Training Program For Developers of Color, RealEstateRama
   • CRE outlook and economic drivers in this post-pandemic world, Real Estate NJ
   • The Case for Office-to-Multifamily Adaptive Reuse, American Apartment Owners Association

CRE Must-reads

Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Building Design + Construction (Aug. 12)
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The Real-World Architects Who Built the Sci-Fi Dystopias of ‘Westworld’

Bloomberg CityLab (Aug. 12)
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Relaxed CDC Covid Guidelines Seen as Boost for Return to the Workplace

The Wall Street Journal (Aug. 12)
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Sunbelt Land Boom Brings Big Profits and Big Risks

The Wall Street Journal (Aug. 9)
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Walmart to open second high-tech consolidation center

Chain Store Age (Aug. 10)
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WeWork posts a smaller loss as its office occupancy grows.

The New York Times (Aug. 4)
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What the Urban to Suburban Shift Means for the Office Sector

Market Share Blog (Aug. 11)
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