Data-driven approaches are frequently used to identify core growth markets for industrial development and acquisitions. These combine top-down demographic and macroeconomic data with bottom-up information from specific submarkets. A recent webinar for NAIOP members provided insights into how commercial real estate professionals can turn data into actionable information for investors. According to James Freeman, Managing […]
Five primary factors will shape this November’s midterm elections. Each has varying degrees of importance, but all solidly affect President Joe Biden’s approval ratings, which influences how people will vote, said Larry Sabato, Ph.D., political prognosticator, professor of politics at the University of Virginia, and founder and director of the University of Virginia Center for […]
Part one of this series began with a discussion on inflation and interest rates, and how we anticipate these factors will influence leasing and development in our market. As we continue the new year with the expectation of slowing economic growth and continued high inflation, we want to take a closer look at how the […]
The right design may be the key to achieving the flexible, experiential physical workplace of the future – but it’s only half the battle. Even the most flawless blueprint requires seamless construction delivery to unlock its maximum potential. Smooth construction may sound like an oxymoron given conventional project management, where the risks of delay, hassles […]
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 […]
Often in large development projects, design and construction teams focus on completing the building for the occupants’ short-term needs – about five years out from completion. Yet modern buildings have the potential to reach a lifespan of 30-50 years before requiring major renovations, according to Getty Conservation Institute. As climate change worsens and building resiliency […]
