August 9, 2022

THE SOURCE News and Trends in CRE

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The Unexpected Challenges (and Solutions) of Multilevel Warehouse Design

Over the past 15 years, multilevel warehouses have been a growing trend across Asia, and more recently, in the U.S.; however, some challenges accompany their design and construction that are not encountered in the traditional approach to large-format retail. Development magazine explores how projects in Canada and Asia provide case studies for building these complex properties.
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Senate Passes Reconciliation Bill, Carried Interest Provision Dropped

On Sunday, the U.S. Senate passed the $740 billion budget reconciliation bill. Originally, the legislation contained a proposal that would have changed tax law governing carried interests, also known as “promotes” in the real estate industry. NAIOP has long opposed changes to carried interest taxation that would adversely impact real estate. However, the provision was removed from the bill at the insistence of Senator Kyrsten Sinema (D-AZ). NAIOP and NAIOP Arizona, along with our national real estate allies, worked to support Sinema in her successful efforts to remove the provision.
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Think Big at CRE.Converge

The biggest crowd. The powerhouse companies. The most accomplished experts. Endless opportunities for networking. Be there when NAIOP brings together the best in the business at CRE.Converge, Oct. 10-12 in Chicago! More than 800 professionals are already registered. Rates increase after Sept. 9, so don’t wait!
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Welcome, New Members!

In July, 335 commercial real estate leaders made the strategic decision to become NAIOP members. Find out who joined your local chapter or area of business and join us in welcoming them to NAIOP! They could become your new business partner.
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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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Seven Outstanding Young Professionals to Receive 2022 Developing Leaders Award

NAIOP’s annual award honors exceptional professionals under the age of 35 for their outstanding professional accomplishments, strong leadership and significant community involvement. The winners will be recognized during NAIOP's CRE.Converge 2022, Oct. 10-12, in Chicago.
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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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Interested in Serving on a NAIOP Corporate Committee?

Do you want to help NAIOP plan conferences, develop membership strategies, or identify potential partners for future events? You should consider joining a NAIOP Corporate Committee! Let us know of your interest and the committees you’re interested in serving on in 2023 by Aug. 30.
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CRE Must-reads

Economic Trends Underlying the Urban to Suburban Shift

Market Share Blog (Aug. 8)
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Los Angeles Shopping Center Shows Strength of Bricks-and-Mortar Retail

The Wall Street Journal (Aug. 2)
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Nike HQ’s newest, largest structure: the Serena Williams Building

Building Design + Construction (July 29)
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Reconciliation Redux and Carried Interest

Market Share Blog (Aug. 3)
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Ten Issues That Will Impact CRE for Rest of 2022

GlobeSt.com – Free registration required
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US Leads Global Real Estate Market Growth

Commercial Property Executive (Aug. 2)
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What Remote Work Debate? They’ve Been Back at the Office for a While.

The New York Times (Aug. 1)
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