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A 1980s-Era Office Park is Reborn as Multifamily Housing

By: Mark Rivers

An adaptive reuse project in the Washington, D.C., suburbs show the potential for converting old office space into apartments.

Spring 2022 Issue

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How Industrial Projects Can Spur Economic Growth

By: Gary Horn

A large tire-storage facility in a small Indiana town offers lessons for developers on how to work with communities.

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Going Big: Large-Format Multilevel Industrial Buildings

By: Eric Aderneck

These facilities can be important in areas with a constrained supply of land.

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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 2022 and beyond.

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Download the Spring 2022 Issue of Development

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

Must-Read Articles

Construction Sites Build a Circular Economy

By: Alice Devine
Zero-waste efforts attract greater attention, including a new certification program.

Real Estate Crowdfunding: Solid Growth, But Challenges Remain

By: Adam Gower
Among them: Unrealistic expectations and the possibility of an economic downturn.

Demography is Destiny for Commercial Real Estate

By: Anirban Basu
Population shifts could portend big changes for the industry.

Construction Firms Foresee More Projects, More Problems

By: Ken Simonson
Shortages of workers and supplies could mean higher costs and longer timelines for projects.

Solera: Where Suburban Form Meets Urban Function

By: Mark Stine
This unique mixed-use project offers large affordable units for families.

Sub-Surface Recharge Systems Require Careful Planning

By: Sean P. Donlon, Cory A. Cormier and Bryan P. Strohman
Stormwater management can be a challenging, complex task for developers, especially in urban areas.

CEO on Leadership: Adrian G. Washington, Founder and CEO, Neighborhood Development Co.

By: Ron Derven
The leader of this Washington, D.C.-based firm talks about the challenges of growing his company into a multifamily developer of affordable and market-rate housing and commercial projects.

The Assembly Builds on the Past

By: Sami Proctor
An adaptive-reuse project in Pittsburgh transforms a historically significant manufacturing facility into high-tech lab space.

RELATED RESEARCH AND PUBLICATIONS

Industrial Space Demand Forecast, First Quarter 2023

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary
Despite rising interest rates and growth in the supply of new space entering the market, the outlook for industrial real estate remains bright as supply chain conditions steadily improve. Low vacancy rates will continue to support growth in rents and property values. Read the full report from the NAIOP Research Foundation.

Economic Impacts of Commercial Real Estate, 2023 U.S. Edition

By: Brian Lewandowski, Adam Illig, Michael P. Kercheval, Ph.D. and Richard Wobbekind, Ph.D.
Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.

Office Space Demand Forecast, Fourth Quarter 2022

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, College of William & Mary
Net office space absorption in the fourth quarter of 2022 is forecast to be 7.1 million square feet, with absorption in 2023 forecast to slow to 8.1 million square feet for the entire year. Moving forward, the forecast projects that absorption in the first three quarters of 2024 will total 13.3 million square feet.

PERSPECTIVES

CEO on Leadership: Adrian G. Washington, Founder and CEO, Neighborhood Development Co.

By: Ron Derven
The leader of this Washington, D.C.-based firm talks about the challenges of growing his company into a multifamily developer of affordable and market-rate housing and commercial projects.

From the Editor: Two Steps Forward, One Step Back

By: Jennifer LeFurgy
Return to the workplace for some has been delayed, yet the office sector continues to rebound, with absorption inching toward the positive.

Getting to Know New Chair Jeff Milanaik

By: Jeff Milanaik
I’m excited to lead NAIOP in 2022, and I look forward to meeting so many of you as I visit chapters this year.

NAIOP Chapter Merit Awards Salute Outstanding Efforts and Individuals

By: Trey Barrineau
Education, membership, advocacy and special events were among the programs honored in 2021.

The Most Valuable Asset: Expanding the CRE Talent Pool

By: Rochelle Broder-Singer
There are many ways to identify and recruit new workers for the industry.

ADDITIONAL ARTICLES

U.S. Ports Anchor Growing Demand for Industrial Space in Select Markets

By: Shawn Moura
A new NAIOP research brief examines the relationship between imports and site selection for logistics centers.

New & Noteworthy

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

Transit-Oriented Housing Fills a Need in the Boston Region

By: Mike Henehan
A new development will provide easy access to commuter rail.

Navigating Construction Risk in Uncertain Times

By: Chase Callaway
Getting back to basics can solve problems before they appear.

The New Office is Outdoors

By: Michael Howell
In Atlanta, a project connects with nature and the surrounding community.

ARCHIVED ISSUES

View All Archived Issues
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.
Winter 2022/2023 Issue

The winter 2022/2023 issue of Development magazine features a cover story on the “midlife crisis” of aging office buildings. Other articles include a look at how e-commerce affects urban transportation systems, a profile of the Tin Building in Manhattan, and a roundtable discussion among real estate experts on trends in office and industrial development.
Fall 2022 Issue

The fall 2022 issue of Development magazine features a cover story on NAIOP’s Developer of the Year, Granite Properties. Other articles include a look at an adaptive-reuse project in Chicago that has transformed a salt storage facility into a concert venue, and two articles about the future of the office in the aftermath of the pandemic.