NAIOP Research Foundation Announces Appointment of Justin Basie as Governor

Mark IV Capital President of Real Estate accepts lifetime distinction

November 01, 2023

Justin Basie

The NAIOP Research Foundation announces the appointment of Justin Basie as a NAIOP Research Foundation Governor. Individuals who demonstrate their commitment to the Foundation’s mission by making a substantial contribution to its endowment fund are invited to accept this lifetime distinction. Basie was inducted during NAIOP’s CRE.Converge conference this fall in Seattle.

Basie is the President of Real Estate for Mark IV Capital. As the head of Mark IV Capital’s Real Estate Portfolio, he oversees development and acquisitions strategy for various property types, spanning seven markets in five states. He joined Mark IV Capital in 2007 and is based in the firm’s headquarters in Newport Beach, California.

He received an undergraduate degree in Business Administration from the University of Southern California and an MBA from the University of California, Irvine.

Basie began his affiliation with the organization as a Research Foundation Visionary. He is a member of the NAIOP National Forums program and the NAIOP SoCal chapter.

“I look forward to Justin’s contribution toward the Foundation’s work and its role as a critical source of thought leadership in the commercial real estate industry,” said Jennifer LeFurgy, Ph.D., executive director of the NAIOP Research Foundation. “Our 90 Governors are essential in shaping the practical, forward-looking studies published by the Foundation that help to advance the industry, and we’re grateful for their generosity and support.”

The NAIOP Research Foundation was established in 2000 as a 501(c)(3) organization that accepts tax-deductible contributions. Its mission is to provide practical research and education that allows commercial real estate owners and developers to successfully capitalize on new trends and address challenges in the industry. Recent reports include “Diversity, Equity and Inclusion in Commercial Real Estate: Best Practices and Common Challenges;” “Hybrid Work and the Future of Office: Adapting to a New Paradigm in Occupier Demand;” “Designing for Wellness in Distribution Centers;” quarterly space demand forecasts; and the annual study on the economic impact of commercial real estate.

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About the NAIOP Research Foundation
The NAIOP Research Foundation was established in 2000 as a 501(c)(3) organization to support the work of individuals and organizations engaged in real estate development, investment and operations. The Foundation’s core purpose is to provide information about how real properties impact and benefit communities throughout North America. For more information, visit

NAIOP, the Commercial Real Estate Development Association is the leading organization for developers, owners, investors and related professionals in office, industrial, retail, and mixed-use real estate. NAIOP provides unparalleled industry networking and education and advocates for effective legislation on behalf of our members. NAIOP advances responsible, sustainable development that creates jobs and benefits the communities in which our members work and live. For more information, visit

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703-904-7100, ext. 165