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Granite Properties: Creating Spaces Where People Thrive

By: Ron Derven

This Dallas-based developer, investor and management firm has grown to $3 billion in assets by delivering mixed-use facilities with innovative wellness programs and top amenities.

Fall 2022 Issue

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From Salt Storage Facility to Concert Venue

By: Anthony Paletta

An adaptive-reuse project in Chicago transforms an iconic industrial building into an entertainment destination.

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The Activity-Focused Office: A Fresh Way to Work

By: Pablo J. Quintana

The post-pandemic office will look significantly different from its predecessor.

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How One Company is Welcoming a New Era of Work

By: Shane Connell

In New Jersey, a 1980s-era suburban office park undergoing a $400 million revitalization offers lessons on contemporary work environments that encourage socialization and collaboration.

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Download the Fall 2022 Issue of Development

Download a PDF version of the Fall 2022 Issue of Development.

Must-Read Articles

Contractors Share the Pain of Rising Costs

By: Ken Simonson
Higher prices for materials and services are being passed on to developers.

Ballston Quarter: A 1950s-Era Mall Turned Inside Out

By: Patrick Finucan, Sam Bennett and David Kitchens
A major retail center in the DC suburbs removes the roof to reinvent itself.

C-PACE Financing Finds Solid Footing in the Capital Stack

By: Mansoor Ghori
This rapidly growing alternative funding method can help developers meet a wide range of goals.

ASTM Adopts a New Phase I Environmental Site Assessment Standard

By: Sedina L. Banks
What does it mean for commercial real estate transactions?

Risky Business: Protecting a Smart Building from Cyber Exposure

By: Dru Douglas
Insurance coverage will be increasingly difficult to acquire if information technology security systems and protocols aren’t in place.

Key Elements for Creating a Technologically Equipped Hybrid Office

By: Jason Lund
High-quality digital connectivity is a crucial element for bringing workers back.

Few Signs of Trouble on the Industrial Front

By: Ermengarde Jabir, Ph.D.
The sector continues to stand strong despite rising inflation and interest rates.

A Fresh Look at Solar for Warehouses and Commercial Buildings

By: Shaun Keegan
Rooftop community solar can position commercial real estate owners as ESG leaders while generating revenue and strengthening community relations.

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

Worth Repeating

By: Trey Barrineau
Sound bites from NAIOP’s I.CON East, held June 8-9 in Jersey City, New Jersey.

What's on the Horizon for NAIOP and the Industry?

By: Jeff Milanaik
As the economy continues to shift, you can look to this informative publication as a bellwether on what your fellow commercial real estate practitioners are experiencing today, as well as their expectations for what’s to come.
 

Six Students Receive NAIOP Diversity Student Scholarships

By: Trey Barrineau
The scholarships go to graduate and undergraduate students from backgrounds traditionally under-represented in the commercial real estate industry.

From the Editor: New Leadership at NAIOP

By: Jennifer LeFurgy
Strategies for returning to the office are top of mind in the commercial real estate industry these days.

NAIOP's Visionaries: Leadership Across the Generational Spectrum

By: Mike Riopel
The association’s program for rising leaders in commercial real estate offers an outstanding career development opportunity.

Chapter Profile: NAIOP Arizona

By: Trey Barrineau
A booming population and a robust economy make for a strong CRE market in the Phoenix area.

CEO on Leadership: Laura Hines-Pierce

By: Ron Derven
The leader of Houston-based Hines talks about leadership, the current challenges in the industry and becoming co-CEO of a global real estate investment, development and management firm.

ADDITIONAL ARTICLES

Supreme Court Decision Upends Regulatory Framework

By: Aquiles Suarez
A landmark case involving the EPA could have far-reaching effects on how agencies make and enforce rules.

Autonomous Trucking Holds Promise

By: Trey Barrineau
It could drastically reduce costs and boost efficiency across the supply chain.

Examining the Convergence of Retail and Industrial Real Estate

By: Shawn Moura, Ph.D.
Competition over the last mile is leading retailers and developers to adopt new strategies.

A Community-Minded Approach to Industrial Developments

By: Matt Mulick, Erin Hathaway
Economic growth is vital to communities, but it’s important to consider other factors as well.

New & Noteworthy

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

Worth Repeating

By: Trey Barrineau
Sound bites from NAIOP’s I.CON East, held June 8-9 in Jersey City, New Jersey.

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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