Market Share

The Official Blog for Commercial Real Estate

Congress Avoids Government Shutdown but Must-Pass Legislation Remains

December 6, 2023
Eric Schmutz

For the first December in recent years, Congress is no longer facing a government shutdown deadline. Prior to the Thanksgiving recess, Congress approved a two-tiered appropriations package. This “laddered” approach primarily funds domestic programs (such as housing, agriculture, transportation and infrastructure) until Jan. 19, 2024, and the remaining programs, including defense and homeland security, until Feb. 2, 2024. Year-end 2023 is not without its share of must-pass legislation, however.

How Rising Construction Costs are Impacting Real Estate Development

December 5, 2023
Doug Faron

to achieve deadlines and stay within budget, developers must generate solutions to the industry dilemma of rising construction costs. Examine what’s driving construction spending, how these costs are impacting developers and solutions for maintaining development momentum.

Being Heard: Developing from the Inside Out

November 30, 2023
J. Byron Brazier

If real estate developers overlook or fail to adequately engage with a community’s unique needs and historical context, the effects can be deleterious. The most effective developments get to the heart of resolving economic disparities and transforming lives. These developers treat community members as true partners, not bystanders or obstacles. Even for developers with the best intentions, this is easier said than done.

Adaptive Reuse: Examining the Viability of Conversions

November 27, 2023
WDG

Adaptive reuse architecture presents a creative and specialized challenge. Understanding basic concepts of conversions is critically important for development professionals, city officials and local communities. Each potential property needs to be evaluated on its own merits to determine the probability of success, and whether the location, costs, timing and existing building layout make sense for a conversion.

NAIOP Hosts Texas State Summit

November 15, 2023
Toby Burke

NAIOP hosted a Texas summit meeting in Dallas last week for members of our Austin, Houston, and North Texas chapters to discuss the major issues facing the industry in the state. The summit provided members with the opportunity to engage in discussions on major trends and topics of importance to NAIOP and the commercial real estate industry.

Time to Shine: Niche Real Estate Investors Eye Car Washes

November 13, 2023
Rick Scardino

As a retail real estate specialist for more than three decades, I’ve seen many trends come and go. And now, I’m seeing that niche real estate investors – who historically operate with a bit of herd mentality – have crowned the car wash industry the latest investment darling. The evolution of the car wash industry and the resulting uptick in interest from investors, developers and operators alike has been fascinating to watch.

Interstate Movers Find Better Real Estate Options in the Mountain West and New England

November 9, 2023
Francis Chantree

More and more Americans are moving to a different state, often to one inland and less densely populated but with great real estate options, according to a recent study. The highest net migration is seen in Idaho, Montana and Vermont, plus Maine and other states offering plenty of space and housing, a trend that fuels the local real estate sectors.

New House Speaker Johnson Faces Many Challenges

November 1, 2023
Eric Schmutz

Following three weeks of negotiations and squabbling, House Republicans elected Louisiana Representative Mike Johnson to serve as the 56th Speaker of the House. This was a difficult time for House Republicans, who struggled to find a new speaker after eight of their members joined all House Democrats to abruptly oust McCarthy on Oct. 3.