As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up with the demand. Hazel Technologies – a USDA-funded agricultural […]
Artificial intelligence, virtual reality, the Internet of Things… all trending technologies that are showing up everyplace from online shopping recommendations to continually monitored physical systems. This big data is collected, analyzed and deployed to help users make smarter choices and is increasingly guiding forces across the commercial real estate industry. Beyond property management and building […]
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. […]
After the COVID-19 pandemic sent everyone home from the office and into the remote workplace, “there was a lot of talk about ‘when do we go back to work?’” said Keith Ferrazzi, bestselling author and founder and chairman of Ferrazzi Greenlight, a global consulting and coaching firm, at CRE.Converge 2022. “Let’s stop talking about when […]
