By working together, Prologis and ML Realty Partners, along with brokerage firm Cawley Chicago, were able to complete a particularly challenging site acquisition of a neighborhood of 108 homes and move forward with industrial development on the site. Attendees at NAIOP’s CRE.Converge 2022 in Chicago had the opportunity to visit the newly constructed warehouse projects […]
How does the labor supply impact investment, site selection and development at a time when workers have become more of a scarce resource than at any time in recent memory? Panelists grappled with that question in a CRE.Converge 2022 session moderated by Bret Swango, CFA, senior vice president at Colliers. Swango set the stage by […]
Midway into a panel discussion at CRE.Converge, a quip about the Federal Reserve behaving like a novice teenaged driver – “way too much gas, way too much brake, way too much gas” – drew laughter from many attending the jampacked session. But palpable nervousness tinged those chuckles at the metaphor by moderator Bart Johnson, president […]
Pressure to satisfy environmental, social and governance (ESG) goals among companies in the commercial real estate sector has intensified during the COVID-19 pandemic, according to panelists at CRE.Converge. External pressure is building as local governments establish environmental benchmarking ordinances. But even where regulatory demands and tenant awareness are lacking, boards and investors are asking their […]
“We are now at a point in history where there is more invention and innovation happening worldwide than there has ever been before in the last thousand years of human history,” said Mike Steep, the executive director of the Stanford Engineering Center for Disruptive Technology and Digital Cities, during his keynote remarks at CRE.Converge 2022. […]
Supply chain, logistics and transportation play a major role in site selection for industrial real estate, which has been disrupted along with many other economic sectors by the COVID-19 pandemic but remains in a strong position overall, said Adam Roth, CCI, SIOR, executive vice president of NAI Hiffman, at CRE:Converge 2022. Corporations make site selection […]
There are times when the advantages of property technology are crystal clear. PropTech can sometimes help commercial real estate professionals identify and seize opportunities in a matter of days, whereas an older tool may have required weeks or months – at which point the opportunity may have passed. Such a scenario was shared by Daniel […]
Converting existing buildings to new uses is a growing trend in commercial real estate. A session during NAIOP’s CRE.Converge 2022 in Chicago this week profiled three projects that provide valuable insights into successful conversions. The Curtis, Philadelphia In 2014, Keystone Development acquired The Curtis, an iconic 12-story office building in Philadelphia, with the goal of […]
