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The Official Blog for Commercial Real Estate

Category: Trends

Project tour of Boston's epicenter of life sciences and tech

Boston’s Epicenter of Tech and Life Sciences

  • May 23, 2023
NAIOP National Forums members attending last week’s annual Symposium had the opportunity to tour several projects in the office and life science markets in East Cambridge, Somerville and the greater Boston market.
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Construction planning team

The Importance of Being “Shovel Ready”

  • April 20, 2023
The groundbreaking ceremony for a new building signifies the physical start of a construction project. In most cases, however, months or even years have already been spent preparing the land for future growth, as planners and developers work behind the scenes to make the property “shovel ready.” Attempting to market a property that is not shovel ready can be a significant barrier to making a commercial property sale. But what does it mean to have a shovel-ready property, and why is it so important?
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Mixed-use building

How to Justify an Additional $25 per sq ft for Office Conversions

  • April 10, 2023
America faces a multipronged real estate crisis. We have a stubborn residential housing shortage, high office vacancy rates, and flight from many downtown hubs that is killing off businesses servicing those areas. Converting office towers into housing could solve multiple problems at once.
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Workforce

Work With a Purpose: How CRE Firms are Positioning for Success

  • April 3, 2023
“There’s a really exciting trend emerging in hiring and compensation that’s going to accelerate throughout 2023,” opened Chris Lee, CEO of CEL & Associates, during a recent NAIOP webinar. “It’s the blending together of the quantitative – the numbers, compensation and bonuses – and the qualitative – workplace environment and benefits.”
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Economic outlook

Economic Outlook: Hardships and Silver Linings

  • March 20, 2023
With all signs pointing to an economic recession – presumably arriving midyear or Q3 – how can the commercial real estate community best plan for this event, which asset classes will be particularly hard hit, and what silver linings and opportunities will be available to savvy investors and progressive companies? Offering their insights and perspectives on this topic are Anirban Basu, chairman and CEO of Sage Policy Group and Jennifer LeFurgy, Ph.D., vice president of knowledge and research for NAIOP.
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Warehouse workers

Labor Trends in the Powerhouse Logistics Empire

  • March 14, 2023
Experts dug into the data behind labor and workforce trends in California’s Inland Empire and the surrounding regions, one of the most competitive labor markets for distribution and manufacturing workers in the western U.S., during a session at NAIOP’s I.CON West in Long Beach, California. However, alternative markets like Phoenix and Las Vegas/Reno could provide valuable options outside of the Inland Empire, especially when considering total cost modeling.
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Nearshoring event

The Nearshoring Experiment

  • March 10, 2023

With global instability and supply chain challenges in recent years, there has been an increased impetus to bring manufacturing back to the U.S. Gregg Healy, executive vice president and head of industrial service for North America at Savills, spoke at NAIOP’s I.CON West in Long Beach, California, about some of the pros and cons of […]

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Southwest industrial market

Exploring Growth and Potential in the Southwest Industrial Market

  • March 10, 2023

A panel of experts gathered at NAIOP’s I.CON West in Long Beach, California, to discuss the fast-growing industrial market in the Southwest, consider opportunities for investors, and examine challenges associated with inflation and affordability.   According to moderator Keith Earnest, executive vice president at VanTrust Real Estate LLC, the Phoenix area has seen incredible demand recently. […]

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