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The Rise of Real Estate as a Service

By: Ron Derven

The flexible model is rapidly expanding beyond the office market.

Spring 2020 Issue

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Integrating WELL into Industrial Properties

By: Heath Abramsohn

A brownfield redevelopment project in New Jersey showcases a first-of-its-kind warehouse that aims to meet exacting environmental standards.

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From Horizontal to Vertical: Industrial Intensification Grows Up

By: Eric Aderneck

Multistory industrial facilities illustrate innovative strategies for areas with a constrained supply of land.

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Boston: A 'Living City' Transforms Once Again

By: Aaron Jodka

The city has experienced a building boom during the latest cycle, and even more development is on the horizon.

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Cutting-edge Research That Has an Impact

The NAIOP Research Foundation's annual report highlights the relevant studies, activities and deep dives to come in 2020 and beyond.

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Download the Spring 2020 Issue of Development

Download a PDF version of the Spring 2020 Issue of Development.

Must-Read Articles

Prologis Labs: An Experiment in Innovation

By: Dustin Read and Alex Rollins
The company’s new research facility takes a deep dive into cutting-edge logistics technologies.

WeWork and Airbnb: A Tale of Two Disruptors

By: Dror Poleg
The companies represent different approaches to the future of real estate, and their success or failure will offer important lessons to landlords.

The Cold Storage Market is Heating Up

By: Trey Barrineau
Surging demand for e-commerce grocery deliveries could spark more construction of refrigerated facilities.

An Office Move Doesn't Have to Mean Lost Productivity

By: Suzi Hansen
Advanced planning, aided by technology, can ease the relocation process for tenants.

Real Estate as a Service: What Developers/Owners Need to Know

By: Michael Kloppenburg
Real Estate as a Service: What Developers/Owners Need to Know

CEO on Leadership: Dennis Clarke, Chairman and CEO, Cummings Properties

By: Ron Derven
The leader of this Massachusetts commercial real estate firm offers his perspectives on the industry and discusses his company as it celebrates 50 years in the business.

RELATED RESEARCH AND PUBLICATIONS

Office Space Demand Forecast, Second Quarter 2025

By: Hany Guirguis, Ph.D., Manhattan University and Joshua Harris, Ph.D., CRE, CAIA, Fordham University
The national market for office space continued to rebound with a fourth consecutive quarter of positive net absorption. First-quarter absorption totaled 5.6 million square feet, which followed 7.3 million square feet absorbed in the fourth quarter of 2024. The nationwide vacancy rate remained at 11.8%. Rates of remote and hybrid work have plateaued, and the corresponding structural shift in office demand is already largely reflected in current leasing.

Succession Planning for Commercial Real Estate Firms

By: Cory Bultinck, CPA, MBT and Alex Bratty, Ph.D., MBA
The NAIOP Research Foundation commissioned this study to explore the challenges and opportunities associated with succession planning for CRE firms. The study draws on Wipfli’s experience advising firms on succession planning and interviews with CRE professionals at various stages of the succession planning process who represent a broad cross-section of CRE firms.

Industrial Space Demand Forecast, First Quarter 2025

By: Hany Guirguis, Ph.D., Manhattan College and Joshua Harris, Ph.D., Fordham University
In the second half of 2024, U.S. industrial net absorption totaled 96.9 million square feet, bringing the annual total to just 170.8 million square feet. This is the lowest annual rate since 2011, as long-term interest rates remained elevated despite the Federal Reserve’s initial cuts to the federal funds rate.

PERSPECTIVES

Herb Tousley — In Memoriam


NAIOP Distinguished Fellow Herb Tousley III died unexpectedly on January 30 at the age of 67.

NAIOPs Chapter Merit Awards Honor Outstanding Programs and Individuals

By: Trey Barrineau
Recognition goes to exceptional leadership and impressive local efforts in education, special events, membership and legislative advocacy.

A Young Professionals Group Makes Its Mark

By: Pamela Westhoff
NAIOP Southern California reflects on the 15-year anniversary of a successful professional development and leadership program.

Worth Repeating


Sound bites from NAIOP’s Chapter Leadership and Legislative Retreat (CLLR), held February 3-5 in Washington, D.C.:

NAIOP Membership Reaches 20,000

By: Jennifer LeFurgy, Ph.D.
NAIOP has always felt like a community — and it just got bigger.

Getting to Know the Chairman

By: Larry Lance
As chairman, I plan to provide strategic leadership to our chapter and volunteer leaders, encouraging them to use the systems and tremendous resources we have in place.

Meet NAIOP's 20,000th Member

By: Trey Barrineau
The face behind the association’s latest milestone is an American-born Canadian citizen who is involved in Vancouver’s retail market.

ADDITIONAL ARTICLES

An Office Move Doesn't Have to Mean Lost Productivity

By: Suzi Hansen
Advanced planning, aided by technology, can ease the relocation process for tenants.

New & Noteworthy

By: Trey Barrineau
An assortment of brief facts and figures about new and noteworthy development projects.

The Intersection of Workplace Data and Design

By: Ben Waber
In-depth information on employee preferences informs an office redesign in Boston.

The Future of Parking is in (Almost) Everyone's Hands

By: Adam Kriegel
Mobile parking apps can help owners manage costs while boosting convenience for customers.

Living Walls: As Green as It Gets

By: Richard Kincaid
They can improve the air, cut down on noise and drive productivity — as well as profitability.

Turning Building Permits into Profits

By: Jack Dulin
Knowledge is critical when it comes to getting projects through the approval process.

Autonomous Vehicles Will Drive Change in CRE

By: Shawn Moura, Ph.D.
A new NAIOP report shows how local governments are preparing for this transportation revolution.

Preparing Properties for Greater Connectivity in the Future

By: Arie Barendrecht
Developers who focus now on 5G, smart buildings and cybersecurity will gain an advantage over their competitors.

When Violence Erupts at a Property, Owners Can be Held Liable

By: Chris Dunlap and Isaac Monson
Use proactive planning to protect life and property.

How to Plan a Successful Construction Project

By: Jacqueline Greenberg Vogt and Robert C. Epstein
These 10 steps can help developers avoid headaches, delays, higher costs and legal complications.

Portman-Shaheen Proposal Is a Winner for Commercial Real Estate

By: Alex Ford
NAIOP supports legislation that emphasizes voluntary tools to help property owners reduce energy consumption.

ARCHIVED ISSUES

View All Archived Issues
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.  
ArchiveCoverCrescent Fall 2024 Issue

Development magazine’s Fall issue profiles Crescent Communities, explores the growing impact of spaceport real estate around Houston and along Florida’s Space Coast, the commitment to prioritize employee well-being and environmental stewardship in the design of REI Co-op’s latest distribution center, and the innovations involved in the development of EVE (Electric Vehicle Enclave) Park in London, Ontario.

 
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