Lab sciences is one of the most talked-about sectors in real estate right now – but how can a traditional office building owner court these companies as tenants? By understanding what lab sciences leaders look for in potential lab and office space, commercial real estate owners can determine whether their buildings might be prime candidates […]
Real estate developers and owners provide the commercial and residential space for individuals to live, work and play. State and local governments can play an important role in supporting this through incentives and other measures that ensure development projects financially “pencil” and are economically sustainable over the long term. Tax Increment Financing (TIF) districts are […]
COVID-19 revealed to the world that work is no longer a place we go – it is an experience we shape. Returning to the office as it used to be may seem pleasantly simple, but that would leave a historic opportunity on the table. Far deeper value lies in designing the office anew – this […]
The debate on greenhouse gases and climate change is occurring at every level of government within the United States. Many states have initiated mandates calling for commercial building owners to gradually reduce their greenhouse gas emissions and eventually become net-zero by certain dates as part of efforts to address climate change. These mandates have included […]
After the initial shock of the pandemic, industrial real estate emerged as one of the asset classes least affected by the ensuing economic downturn. While the causes are multifaceted, the sudden spike in demand for products ordered and curbside pick-up meant that retailers – both online and brick-and-mortar – scrambled to secure the space they […]
Finally, after months of political gamesmanship between progressives and moderates in the Democratic party, the House of Representatives on Nov. 5 passed H.R 3684, the Infrastructure Investment and Jobs Act, which President Joe Biden signed into law this Monday. The Senate passed the bill on Aug. 10, and moderate Democrats in the House had been […]
Low cap rates and rapidly rising rents reflect industrial real estate’s status as the leading sector in commercial real estate development. Record levels of capital are flowing to industrial real estate while tenants are willing to pay higher rents to secure additional inventory and shorten delivery timelines. Kevin Welsh, executive managing director at Newmark; Juan […]
Industrial real estate contributes valuable jobs and services to the economy but is not always well understood by the local community. Concerns about traffic and adjacent land uses may also exist. In a session at NAIOP’s I.CON East in Jersey City, New Jersey, this week, a panel of experts discussed effective practices for engaging with […]
