As the second day of NAIOP’s CRE.Converge neared a close in Las Vegas, attendees had an opportunity to learn a bit about the city that will host next year’s conference: Toronto.
Nikki Greenberg is a world-leading futurist focused on the trends and technologies shaping cities of the future. A true digital nomad with an international career that has spanned the U.S., Asia and Australia, she has held cross-functional leadership positions with a focus on innovation and design. At CRE.Converge this week in Las Vegas, her keynote explored the possibilities of emerging technologies and introduced innovative ways of thinking.
The ideal industrial real estate site criteria have evolved with the economy. “It’s power, power, power instead of location, location, location,” said Damon Austin, managing director, global head of customer led development, Prologis, during a session at CRE.Converge. “Power from a logistics perspective, it really is more critical than ever.”
An expert panel at CRE.Converge this week led by Trent Agnew, SIOR, senior managing director, JLL Capital Markets, examined what’s happening in the capital markets across property types and regions, shared their predictions for 2025 transaction activity, changes in the lender pool, the latest approaches to asset allocation and more.
Tray Abney, partner at the Abney Tauchen Group, led a discussion during NAIOP’s CRE.Converge in Las Vegas on the legislative and political landscape impacting commercial real estate development in Nevada. The session focused on the availability of land for commercial and residential development, viable water supply, increased electricity demand and the fall elections.
Attendees of NAIOP’s I.CON Cold Storage in Las Vegas had the opportunity to take an exclusive tour of Martin Brower’s 175,000-square-foot development currently under construction, expected to be completed by year-end and operational at the beginning of 2025.
“There is terrific opportunity [in cold storage], but you must have the right partners in equity, debt, development and construction,” said Josh Lewis, chief operating officer, RL Cold, during a panel discussion at NAIOP's I.CON Cold Storage. “It’s always risky, but the right partners make all the difference.”
CoworkingCafe analyzed 136 cities across various metrics such as gross domestic product (GDP), number of business applications, labor costs and more to find out which cities are the best for small businesses in 2024.
