The NAIOP Research Foundation has announced the appointment of Ashley Powell, president and CEO, Property Reserve Inc, to join the Foundation’s Governors. 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.

Ashley Powell has over 40 years of experience in the commercial real estate industry, leading a team of 220+ professionals in building a diversified, global portfolio of industrial, residential, office, single-family rental, and hotel properties, along with significant land assets. As the head of Property Reserve, Ashley has overseen exponential growth in assets under management, expanded investments into Europe and Asia, and established a vertically integrated development team. Powell served as NAIOP Chair in 2016 and is a member of the NAIOP CEO Collaborative Group.

He is the 97th Governor to join the NAIOP Research Foundation, where he will support the Foundation's program of work through sharing his time and expertise.

“Ashley’s leadership and vision have long been assets to NAIOP and the broader commercial real estate community,” said Marc Selvitelli, CAE, president and CEO of NAIOP and acting executive director of the NAIOP Research Foundation. “We’re honored to welcome him as a Governor and look forward to his continued contributions to the Foundation’s important work.”

Celebrating its 25th year, the NAIOP Research Foundation was established in 2000 as a 501(c)(3) organization with a mission 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.

Notable reports include Economic Impacts of Commercial Real Estate, 2025 U.S. Edition; Reverse Logistics Strategies for the Post-pandemic Supply Chain; and quarterly office and industrial space demand forecasts.