Building information modeling, or BIM, is one of the most powerful tools developers can use to reduce risk and ensure the profitability of their investments. BIM not only allows for better planning and project design, but also facilitates collaboration, communication, efficiency and ongoing asset management.
With national and swing state polls indicating support between President Joe Biden and former President Donald Trump is fairly even, casual political observers could be forgiven for not realizing that House and Senate races are also tight; there could even be a historic switch in the House and Senate majorities this November.
The office space market is facing a new reality in 2024: lower demand and a need for adaptation. While new construction shrunk by 28% compared to last year with 97 million square feet currently under development nationwide, there’s an interesting twist: Cities are responding by converting unused offices into other uses, such as housing.
A passion for sustainability is the driving force behind the work of Langan Senior Project Manager Andrew Chun, CHMM, a recipient of the 2023 Developing Leaders Award. After studying environmental science and urban environmental analysis, Chun brought his expertise and interest in sustainability to a career in commercial real estate. A crucial part of sustainability efforts, he says, is the adapted reuse of blighted properties and brownfields sites.
On March 11, President Joe Biden submitted his FY 2025 Proposed Budget to Congress. Unlike prior year budget proposals, this one is a setup for an unavoidable tax debate in 2025, when many of the tax provisions enacted during the Trump administration in the Tax Cuts and Jobs Act of 2017 will expire.
Local permitting processes vary and too often become unnecessarily delayed. Because of this, NAIOP chapters across the U.S. are using Georgia’s legislation as a template in advocating for reforms that bring predictability, consistency and transparency to the local permitting processes within their respective states.
Although this year’s I.CON West conference is taking place in California, much of the due diligence session applies to the rest of the country. In all aspects of due diligence, the goal is the same: How do we get the project for our investors through the approval cycle with the least risk, time and expense?
Warehouses used to be spartan, utilitarian production and storage spaces. The emphasis was on throughput and convenience. However, some companies are incorporating human-centric features focused on wellness to capture market differentiation, increase employee retention and impact productivity.
How do you know if you are optimizing the space in all your properties worldwide? How long would that take you to figure out with your current analytical tools? While everyone might think they know what AI is, a session at I.CON West this week in Long Beach, California, did the job of defining it.
Primarily used for the storage of trucks, trailers, containers, large equipment and materials, industrial outdoor storage (IOS) is a unique property type that comes with its share of challenges. A panel of IOS experts took the stage at I.CON West this week in Long Beach, California, to walk attendees through the pressures of this industrial-zoned land and why it’s important to an overall logistics portfolio.
