This week, Canada’s new Prime Minister Mark Carney came to the White House to address the mayhem caused by President Donald Trump’s attack on Canada’s longstanding trade agreement with the U.S. and Mexico and the president’s provocative comments about Canada’s sovereignty.
By Shaine Anderson On April 8, NAIOP and REEC hosted the annual Navigating Inclusion, Change, and Impact in CRE Roundtable
Tackling sustainability on a corporate scale, London Kemp Boykin, director of Global Realty at Amazon, shared how she oversees the company’s over 1 billion square feet and growing industrial real estate portfolio, in a session on scaling global sustainable development to drive innovation and operational excellence, at I.CON West this week in Los Angeles. Amelia McLear, head of strategic partnerships, Amazon Global Sustainable Development, served as the session moderator.
It’s an exciting time in the commercial real estate industry with overall data center growth showing a greater demand for power capacity, crypto, mining and automation, according to David Hickey, global managing director with Hickey & Associates. Hickey moderated a panel on the critical need for power in industrial development at NAIOP’s I.CON West conference this week in Los Angeles.
Population migration continues to benefit industrial markets in the Sunbelt and Mountain West. What does this portend for the Western U.S. industrial market in terms of capital flow? What macroeconomic factors could impact this sector, and what other challenges and opportunities are on the horizon? All good questions, but the bywords of the moment are “wait and see.”
In a session at I.CON West, Ryan McEvoy, principal and founder of GAIA, and a leader in sustainable real estate development, noted that 92% of all new energy throughout the world is produced by solar; in the U.S., that figure is 66%, with California leading the way. “California solar continues to grow year over year, and on average, utilities in California are run on batteries roughly two hours a day,” he said.
Coworking subscription costs can differ wildly depending on location, perks and membership type. With that in mind, the latest CoworkingCafe report dives into this pricing landscape by highlighting the highest and lowest costs for the most popular coworking options. From virtual offices and open desks to dedicated desks and meeting rooms, the study ranks U.S. metros by their median starting prices for each membership type.
Among shifting cultural dynamics, corporations are increasingly asking employees to revert to pre-pandemic work models. While many companies continue to embrace and evolve a hybrid work model, in September 2023, a trio of the old guard – Goldman Sachs, Blackstone, and JP Morgan – abolished hybrid in favor of an all-in approach. Their reasoning centered on mentorship, cultural cohesion and the irreplaceable value of in-person deal-making.
It’s been more than two months since the Federal Reserve (Fed) cut interest rates by 25 basis points (bps), but the market optimism around monetary policy has shifted significantly since then. This move was widely anticipated by most; however, the market reaction was complicated and confused by other follow-up statements. Commercial real estate (CRE) investors want to understand how shifting monetary policies will affect the CRE environment. The answer may not be so cut and dry.
A new year always generates a flurry of activity on Capitol Hill, and a new presidential administration amplifies the flurry into a whirlwind of new policies, initiatives, personnel and more. During NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) earlier this month in Washington, D.C., members had the opportunity to hear from Scott Jennings, who has extensive experience as both a presidential advisor and political analyst.
