In summer 2021, the office market was gearing up for a much-anticipated return to the office in the fall as a result of widespread optimism owing to efficient COVID-19 vaccine rollouts and falling case counts. However, the emergence and subsequent ascent of the delta and omicron variants threw a wrench in return-to-office scenarios as companies […]
We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree or your New Year’s Eve champagne, prices are significantly higher today than they were just one year ago. In fact, the Consumer Price Index has climbed 6.8% in just the last […]
Adaptive reuse projects can often be a high-risk, high-reward proposition, as aging or obsolete assets bring their own set of unique challenges for developers hoping to revitalize or reposition a property for new uses. But as availability of land continues to shrink in densely populated areas, and big-box retail stores stand empty, developers are taking […]
While the past two years have been marked by considerable speculation around the future of office-based and remote work, there is no uncertainty around the fact that companies will still need physical spaces for training, collaboration and culture building. Considering the changing nature of these activities, a trend has been gaining ground to keep up […]
Building on the NAIOP Research Foundation’s recent study, The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes, several NAIOP chapters and George Mason University have collected data on development approvals across the United States and Canada. To date, Mason’s data collection has focused on nine jurisdictions: City and County of Denver, Colorado; […]
Nationwide, commercial property is experiencing a significant shift in the makeup of the brick-and-mortar retail market. The COVID-19 pandemic has repeatedly taught us that convenience is king, and although we have somewhat returned to our pre-pandemic routines, online ordering, delivery services, and omnichannel distribution are all continuing to thrive. While some traditional retail shops are […]
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 […]
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 […]
