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Trammell Crow Company Timeless, Innovative, Entrepreneurial

By: Ron Derven

This year’s award winner has long been a pioneer in the development of top-quality commercial real estate assets.

Fall 2017 Issue

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CRE Development Opportunities In Public-private Infrastructure Partnerships

By: James M. Mulligan and Andrea Austin

Public-private partnerships are emerging as a mechanism that marries the funding of public facilities like courthouses, libraries, government offices and more with private commercial development.

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From Obsolete Property to Modern Distribution Facility

By: Matt Goode

A great location plus smart design result in fast lease-up of a last-mile distribution facility on Chicago’s South Side

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The Summit at Fritz Farm

By: Lindsay Bayer Shipp and Molly Mackenzie

Engaging regional “brand ambassadors” results in authentic placemaking for a mixed-use retail destination in Lexington, Kentucky.

Must-Read Articles

Trends in Square Feet per Office Employee: An Update

By: Adrian Ponsen
Is the push for office space efficiency a silent killer for the U.S. office market?

Reinventing the Mall Shopping Experience

By: Najla Kayyem
A shopping center owner uses digital technology to transform a traditional retail center into a vibrant community hub.

Master Planning: A Powerful Tool to Add Value to CRE Developments

By: Nitin B. Desai and Philip Wilkinson Jr.
A master plan can help a developer strike the right balance between long-range investment objectives and the right mix of programmatic elements.

Bringing the Outside In

By: Roger Heerema
A fresh-air, 28th-floor amenity lounge has transformed a Chicago office tower.

Evaluating Cap Rate Investment Strategies

By: Mark J. Eppli
Which cap rate investment strategy generates the best return?

Smart Energy Retrofit in Chicago

By: Consolato Gattuso
Installing wireless pneumatic thermostats controlled by smart buildings software at 311 South Wacker Drive has significantly reduced HVAC energy use and increased tenant comfort.

RELATED RESEARCH AND PUBLICATIONS

Industrial Space Demand Forecast, Third Quarter 2025

By: Hany Guirguis, Ph.D., Manhattan University and Joshua Harris, Ph.D., CRE, CAIA, Fordham University
Given this continued uncertainty and persistently high interest rates, the current NAIOP Industrial Space Demand Forecast projects that net absorption will be nearly flat over the second half of 2025 (2.8 million square feet).

Economic Impacts of Commercial Real Estate in Canada, 2025 Edition

By: Altus Group
The NAIOP Research Foundation commissioned this report to examine the economic benefits of commercial construction across four distinct CRE asset classes, namely industrial, retail and hospitality, office, and institutional multifamily housing during 2024. The report also describes the benefits of commercial brokerage, property management and landlord operations.

The NAIOP Market Monitor

By: Maria Sicola, Elle Saling and Charles Warren
The NAIOP Market Monitor provides insights into shifting market conditions and capital flows across the United States. The report’s findings can help investors and developers identify regional trends and identify markets that align with their risk and return objectives or warrant further examination. The 2025 NAIOP Market Monitor identifies a resurgence of sales activity in office markets that likely reflects investors acting on the stabilization in overall demand for office space.

PERSPECTIVES

CEO on Leadership: Jaclynn Walsh

By: Ron Derven
The president and COO of this Milwaukee-based diversified commercial real estate development company shares her insights on the industry.

Sound Bites from NAIOP's I.CON Conferences


Sound Bites from I.CON ‘17: Impact Projects and I.CON ’17: Trends and Forecasts

The New Rate of Progress

By: Jonathan Tratt
Technology is rapidly revolutionizing business, politics and even fashion

Six Students Receive NAIOP Diversity CRE Scholarships

By: Hannah Buckles
NAIOP has awarded its second Diversity CRE Scholarships to graduate and undergraduate students in commercial real estate from backgrounds that have traditionally been underrepresented in the industry.

ADDITIONAL ARTICLES

Creating New Housing Units From Thin Air

By: Yat-Pang Au
San Francisco has passed legislation that enables the development of accessory dwelling units in previously underused parts of existing multifamily buildings.

Exclusivity Provisions in Commercial Leases

By: Steven D. Weber
Exclusivity provisions can give tenants the right to operate a particular type of business as well as prevent other tenants from using their space in certain ways, with lasting implications for both landlords and tenants.

Ride-hailing Becomes a CRE Amenity

By: Camille Galdes
Transportation demand management strategies, which increasingly include ride-hailing services, have evolved from a negotiating tool to an amenity.

Ambient Scenting and Commercial Real Estate

By: Adrienne Schmitz
Retailers, shopping centers, hotels and even hospitals are using scent to enhance the user experience and improve their bottom line.

Negotiating Loan Guarantees and Cost Overruns in Development Joint Venture Agreements

By: Eric D. Lemont
Real estate development joint ventures often require lengthy and complex negotiations regarding construction loan guarantees and cost overruns.

Construction Defects Litigation Reform in Colorado

By: Kathie Barstnar
Five years, a coalition of more than 55 organizations and 41 mayors, nearly $900,000 spent on social media and communications, and countless hours at the negotiating table finally resulted in victory around the issue of “construction defects litigation reform” in Colorado.

Space as a Service

By: Antony Slumbers
As work becomes more flexible, so will the workplace.

The Rise of Commercial Edible Garden Beds

By: Lara Hermanson
Incorporating agriculture into office and industrial parks can provide multiple benefits for developers, property owners and tenants, including expedited development approvals.

Private Equity Finance and Securities Compliance for Real Estate Developers

By: Suzanne Mulvihill
Developers and property owners must understand the risks involved in recruiting passive investors.

Farm-to-table Dining Goes High Tech at Microsoft

By: Mark Freeman
Microsoft’s high-tech urban farming project provides employees and guests with thousands of pounds of lettuce and microgreens each year.

Tenant Communications: Connecting With People Who Are Always Connected

By: Michael Broder
How you say things says a lot, and can have a big impact on tenant retention and rent premiums.

Electric Shuttle Buses Come to Chicago

By: Amanda Tran
JLL and Proterra provide the nation’s first all-battery-powered commercial electric bus fleet.

New & Noteworthy Projects


An assortment of brief facts and figures about new and noteworthy development projects.

ARCHIVED ISSUES

View All Archived Issues
SummerArchiveImage Summer 2025 Issue

Development’s summer 2025 issue explores experiential retail and the brick-and-mortar resurgence. Also featured: a modern warehouse campus in Toronto that honors its manufacturing heritage; a coalition of Oregon real estate organizations working to revitalize downtown Portland; and the creative capital stack strategy behind a mixed-use project in West Baltimore.
Spring25ArchiveImage Spring 2025 Issue

The spring 2025 issue offers insights about where the office market might be heading over the coming year, explores the complexities of mission critical development, and provides detailed looks at two transformative mixed-use projects: The Bowl at Ballantyne in Charlotte and Baltimore Peninsula in Maryland.
Cover1ArchiveImage Winter 2024/2025 Issue

Development magazine’s winter issue delves into the evolving uses of artificial intelligence in the commercial real estate industry, from lease management and building operations to portfolio assessment and data analysis.  
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