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

Fall 2017 Issue

CRE Development Opportunities In Public-private Infrastructure Partnerships

By: James M. Mulligan, partner, and Andrea Austin, associate, in the Denver office of Husch Blackwell LLP

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.

From Obsolete Property to Modern Distribution Facility

By: Matt Goode, principal with Venture One Real Estate

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

The Summit at Fritz Farm

By: Lindsay Bayer Shipp, retail brand strategist and Molly Mackenzie, chief investment officer for Bayer Properties

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, senior real estate economist, CoStar Portfolio Strategy
Is the push for office space efficiency a silent killer for the U.S. office market?

Reinventing the Mall Shopping Experience

By: By Najla Kayyem, senior vice president of marketing, Pacific Retail Capital Partners
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., AIA, architects, AE7 Planners and Architects
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 principal with Wright Heerema Architects, NAIOP Chicago’s 2016 Design Firm of the Year
A fresh-air, 28th-floor amenity lounge has transformed a Chicago office tower.

Evaluating Cap Rate Investment Strategies

By: Mark J. Eppli, Bell chair in real estate, Marquette University, and a NAIOP Distinguished Fellow
Which cap rate investment strategy generates the best return?

Smart Energy Retrofit in Chicago

By: Consolato Gattuso, Zeller Realty Group
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

By: Mirle Rabinowitz Bussell, Ph.D., Risa Itow and John Tavares
The NAIOP Research Foundation commissioned this report to identify best practices for promoting DEI within CRE firms. The study draws from existing studies on DEI, as well as interviews with a representative sample of practitioners at CRE firms that have pursued DEI initiatives.
By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary
Given current economic conditions and recent demand trends, the authors estimate that quarterly net absorption of industrial space will average 52.6 million square feet over the next two years. Read the full report from the NAIOP Research Foundation.
By: Emil Malizia, Ph.D., CRE, Shawn Moura, Ph.D., Dustin C. Read, Ph.D./J.D., Jessica Morin and Julie Whelan
The NAIOP Research Foundation commissioned this report to examine the current state of hybrid work and how it affects the office sector. The study draws from survey and market data provided by CBRE to explore how occupiers are approaching their use of office space, and the building locations, features and amenities they prioritize.

PERSPECTIVES

By: Ron Derven, contributing editor, Development
The president and COO of this Milwaukee-based diversified commercial real estate development company shares her insights on the industry.
By: Various
Sound Bites from I.CON ‘17: Impact Projects and I.CON ’17: Trends and Forecasts
By: Jonathan Tratt, principal, Tratt Properties, LLC, and 2017 NAIOP Chairman
Technology is rapidly revolutionizing business, politics and even fashion
By: Hannah Buckles, member services associate, NAIOP
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

By: Yat-Pang Au, CEO, Veritas Investments
San Francisco has passed legislation that enables the development of accessory dwelling units in previously underused parts of existing multifamily buildings.
By: Steven D. Weber, founding shareholder, Weber Law
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.
By: Camille Galdes
Transportation demand management strategies, which increasingly include ride-hailing services, have evolved from a negotiating tool to an amenity.
By: Adrienne Schmitz, a freelance real estate writer and researcher
Retailers, shopping centers, hotels and even hospitals are using scent to enhance the user experience and improve their bottom line.
By: Eric D. Lemont, real estate partner in the Boston office of Sullivan \u0026 Worcester LLP
Real estate development joint ventures often require lengthy and complex negotiations regarding construction loan guarantees and cost overruns.
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.
By: Antony Slumbers, digital transformation in real estate consultant and writer
As work becomes more flexible, so will the workplace.
By: Lara Hermanson, cofounder and principal, Farmscape
Incorporating agriculture into office and industrial parks can provide multiple benefits for developers, property owners and tenants, including expedited development approvals.
By: Suzanne Mulvihill, managing partner, Haight Brown \u0026 Bonesteel’s Sacramento office, and leader of the firm’s transactional practice group
Developers and property owners must understand the risks involved in recruiting passive investors.
By: Mark Freeman, senior manager, global dining, Microsoft
Microsoft’s high-tech urban farming project provides employees and guests with thousands of pounds of lettuce and microgreens each year.
By: Michael Broder, CEO, Brightline Strategies, and principal, Rockerbox, a joint venture with McWilliams|Ballard
How you say things says a lot, and can have a big impact on tenant retention and rent premiums.
By: Amanda Tran, a freelance real estate writer and researcher
JLL and Proterra provide the nation’s first all-battery-powered commercial electric bus fleet.
By: Julie D. Stern, managing editor, Development
An assortment of brief facts and figures about new and noteworthy development projects.

Looking for an investment partner, an interior designer, a contractor or a great location for your next development project? The NAIOP guide in this issue lists dozens of firms throughout the Midwest.

ARCHIVED ISSUES

View All Archived Issues
Cover Summer 2023 Issue

The summer 2023 issue of NAIOP’s Development magazine features a cover story on the evolution of office amenities. Other articles include an analysis of a document from 1989 that could help real estate professionals navigate the latest downturn, an on-the-ground report from the 2022 NAIOP-Drexel Summer Real Estate Program for rising high school juniors and seniors of color, and a look at the tenants in an innovative industrial building in Vancouver, Canada.

Cover Spring 2023 Issue

The spring 2023 issue of Development magazine features a cover story on industrial development in Mexico. Other articles include a look at the Novus Innovation Corridor in Arizona, a feature on how Buffalo, New York, engineered its latest comeback, and the NAIOP Research Foundation’s annual report.