August 2, 2022

THE SOURCE News and Trends in CRE

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Vacant Storefronts Can be Repurposed into Retail Incubators

The COVID-19 pandemic has left America’s retail districts pockmarked with empty storefronts, but there is a creative solution. These vacant spaces, which often can be purchased or rented at reduced prices, are prime targets for conversion into retail incubators. Development magazine explores how these properties can provide an immediate boost in shopping districts and grow future businesses into long-term tenants.
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29 Days Until Courses Cost More...

Don’t miss the boat on exclusive summer savings towards our entire on-demand course catalog! Use promo code SUMMER22 when registering for any of our commercial real estate courses, which are built around core competency areas and taught by instructors with years in the business. From Basic Real Estate Finance to Modern Industrial Development, there’s a course made for you.
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Webinar Next Week: Implementing Solar in CRE

In a webinar Aug. 9 at 2 p.m. ET, hear lessons learned from a 35-year real estate veteran turned renewable energy expert. John Jarvis, strategic advisor with Luminia, will share what every real estate professional should consider before jumping into the clean energy transition.
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Showcase Your Work in Development Magazine

Have you recently completed an innovative new office, industrial, retail or mixed-use project that you’d like to share with fellow NAIOP members? The editors of NAIOP’s Development magazine would like to hear from you!
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Manchin and Schumer Reach a Deal on Reconciliation, Including Carried Interest

NAIOP is working with policymakers and its real estate allies to ensure that the reconciliation measure ultimately passed by Congress maintains capital gains tax treatment for carried interests and addresses the concerns of commercial real estate.
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Access the Latest Industry Research

Have you explored the NAIOP Research Foundation’s latest research reports, “New Places and New Spaces for E-commerce Distribution,” “Findings from the Development Approvals Index,” and “Industrial Demand and U.S. Seaports”? Take advantage of the breadth of NAIOP resources offered by browsing and downloading the latest reports.
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CRE Must-reads

A Strong U.S. Dollar Could Mean A Lot — And Not So Much — For Commercial Property Investment

Bisnow – Free registration required (July 31)
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Big Construction Starts Gain in Many Top Metros

GlobeSt.com – Free registration required (July 29)
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CommercialEdge: Office Sales and Vacancy Rates Up in Midyear 2022

Market Share Blog (July 29)
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Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate

CNBC (July 21)
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More CRE Firms Are Putting a Price on Their Climate Exposure

Commercial Observer (July 27)
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Need for Speed Spurs Demand for Move-In-Ready Buildings

The New York Times (July 26)
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Recession fears weigh on commercial property

The Economist – Subscription required (July 6)
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