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Office-to-Industrial Conversions: A Niche Market Worth Exploring

By: Ron Derven

There’s a lot of potential, but the economic and regulatory challenges can be daunting.

Summer 2022 Issue

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Transforming an Abandoned Brownfield into a Modern Cold Storage Facility

By: Kenneth E. Rodman, Jr.

A public-private collaboration results in an $84 million investment and more than 80 new jobs in Portsmouth, Virginia.

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Last Mile: The Most Challenging Piece of the Logistics Puzzle

By: Jeffrey Small

Infill development in high-value locations can be a complex process.

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A 'Calming Presence' at the Helm

By: Trey Barrineau

Thomas J. Bisacquino, NAIOP’s long-serving president and CEO, retires after three decades with the association.

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Download the Summer 2022 Issue of Development

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

Must-Read Articles

Operation Zero Waste: A Greener Way to Take Out the Trash

By: Alice Devine
The TRUE Zero Waste Certification aims to divert the vast majority of garbage generated at commercial buildings away from landfills and incinerators.

A Triple-Whammy Threatens Project Viability

By: Ken Simonson
Contractors cope with rising materials, labor and interest costs.

Vacant Storefronts Can be Repurposed into Retail Incubators

By: Ilana Preuss
They can provide an immediate boost in shopping districts and grow future businesses into long-term tenants.

The Unexpected Challenges (and Solutions) of Multilevel Warehouse Design

By: Russ Hazzard and Jonathan Chang
Experiences in Canada and Asia provide case studies for building these complex properties.

Mitigating Environmental Risks in Life Science Leases

By: Michael Pollack
A lot of hazardous material passes through these facilities, so caution is necessary.

When Retail and Industrial Merge

By: Trey Barrineau
Last-mile distribution facilities focused on direct service to customers could be poised for growth.

Industrial Market Analysis: Measuring Where to Invest

By: Trey Barrineau
How data delivers insights that guide investment decisions.

Parking in a Post-Pandemic Economy

By: Robert Dunphy
As workers return to offices and shoppers return to stores, new parking strategies may emerge.

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

From the Editor: A Job Well Done

By: Jennifer LeFurgy
After leading the organization for more than 30 years, Thomas J. Bisacquino will begin a well-deserved retirement.

Key Takeaways from I.CON West

By: Jeff Milanaik
These are some of my biggest takeaways from the I.CON West.

CEO on Leadership: Meg Epstein

By: Ron Derven
The CEO of CA South, which develops office, industrial and residential properties in the Nashville area, discusses her vision of leadership in commercial real estate.

Worth Repeating

By: Trey Barrineau
Sound bites from NAIOP’s I.CON West, held March 23-24 in Long Beach, California.

Chapter Profile NAIOP Raleigh Durham

By: Trey Barrineau
Life science properties are hot in this market, which is experiencing explosive population growth.

ADDITIONAL ARTICLES

Biden Wetlands Regulation May Be Upended by Supreme Court

By: Aquiles Suarez
Waters of the United States case could resolve a long-running dispute.

A Fresh Look at Office Conversions

By: Shawn Moura
Old office buildings find a new lease on life as labs, medical offices and apartments.

The Growing Demand for Supplier Diversity in the Commercial Real Estate Industry

By: Jenna Glick
A new organization aims to simplify the process of procuring real estate suppliers from historically under-represented groups.

Hybrid Goals? Reinventing the Office, Faster and Better Than Before

By: Albert De Plazaola and Hannah Hackathorn
The pandemic ushers in a new era for workspace design and development.

How RFIs and Change Orders Disrupt Multifamily Development Projects

By: Denis Koval
Early planning and collaboration can help avoid costly do-overs later.

New & Noteworthy

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

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.