The Official Blog for Commercial Real Estate

Author: Marie Ruff

Old ways won't open new doors

Developing Leader Spotlight: A Catalyst for Positive Change

“The spaces we occupy profoundly influence our lives, and it is my goal to shape those spaces in a way that enhances the well-being, productivity and creativity of individuals and businesses alike,” said Jace Jonsson, a recipient of the 2023 Developing Leaders Award. Jonsson said that his commercial real estate career has always been driven by the desire to be “a catalyst for positive change” within the commercial real estate industry and the broader community of Calgary in Alberta, Canada.

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Construction team

Embracing the Change: Navigating Construction’s Most Prevalent Challenges

For many decades, the construction industry has played a vital role in reshaping communities, standing as a key indicator of economic performance and prosperity. In more recent years, labor challenges have shifted the industry’s progression, threatening to disrupt integral projects and new developments throughout the country. With issues such as a shortage of skilled laborers and the need for new technology and software, today’s general contractors are faced with many industry-specific challenges that require innovative strategies and effective planning to guarantee continued success.

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What’s Inside the 2024 Government of Canada Budget

The Canadian government tabled its 2024 federal budget on April 16. The federal budget outlines a broad list of spending and tax measures to be implemented in the coming year. In broad macroeconomic terms, this budget lays out a path of significant spending increases, deficit projections well into the future, and tax increases to offset some of the spending.

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To Transform the Nation’s Downtowns, We Need the Public Sector

In the wake of the coronavirus pandemic, many downtowns across the country remain disquietingly vacant. The U.S. has the highest office vacancy rates since 1992. Some levels of hybrid and remote work are here to stay, and now the commercial real estate landscape faces some tough decisions, offering both challenges, which are clear, and unique opportunities, which are less well-defined but coming into focus.

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Sustainability - city skyline

Developing Leader Spotlight: Find Your Passion

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.

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Meeting California’s EV Truck-Charging Demand

California is in a race to implement an ambitious goal: making all new cars and light trucks net zero by 2035. The state has implemented policies pushing fleets to go electric while also providing grants and incentives to help offset costs. On the infrastructure side, there are mandates streamlining the permitting process.

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Chris Cillizza

Who Will the Bear Eat? The Perils of Hiking in the Presidential Woods

The 2024 presidential election is reminiscent of a classic joke about two guys who are hiking in the woods and come across a grizzly bear, said political commentator and journalist Chris Cillizza during NAIOP’s Chapter Leadership & Legislative Retreat last week. One hiker takes off his hiking shoes, opens his backpack and puts on his running shoes. The other says, “What are you doing? You can’t outrun a bear!” The second hiker replies, “I don’t need to outrun the bear. I only need to outrun you.”

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