The fallout from the pandemic and resulting economic chaos remain challenges for developers, property owners and managers, tenants and their employees. They also provide a critical lesson in resilience. “Resilience is a muscle, and like our biceps, if we don’t work them and exercise them, then they won’t grow,” said Kristin Jensen, AIA, principal and […]
The post-pandemic construction boom has taken many forms. E-commerce and big box retailers are developing across the country, while at the same time, construction projects that were postponed during the pandemic have resumed. However, the lack of workforce at manufacturing facilities last year combined with the high demand for materials have led to price increases and lead-time […]
After a decade of emerging markets and economies dominating the global market, the tipping point has arrived: growth will begin to balance going forward. In his keynote remarks at CRE.Converge this week, Mark Zandi, chief economist, Moody’s Analytics, and co-founder, Moody’s Economy.com, explained why the stage is set for a U.S. turnaround as growth begins […]
South Florida is a major hub for logistics operations thanks to its proximity to busy ports. In 2020, PortMiami loaded about 1.1 million TEUs (20-foot equivalent units, 20-foot-long cargo containers). That represented a total of 9.7 million tons of cargo. Port Everglades in Fort Lauderdale handled about 945,000 TEUs in 2020 – about 5.7 million […]
The following remarks were shared by 2022 Chair Jeff Milanaik during the association’s annual meeting at CRE.Converge 2021, where 2021 Chair Molly Ryan Carson officially passed the gavel to next year’s leadership. It has been edited for clarity and length. Milanaik will formally begin this role on Jan. 1. When the NAIOP nominating committee asked […]
Property values are soaring, and interest rates are at near-record lows. It’s no wonder many commercial property owners are considering selling their assets to take advantage of one of the strongest sellers’ markets in recent history. Much like preparing to sell a home, commercial properties need to be appealing to potential buyers. But unlike your […]
Democrats in Congress are currently debating President Joe Biden’s $3.5 trillion human infrastructure plan which will probably include one of the largest tax increases in generations. Both Republicans and Democrats know that this will be a major issue in next year’s midterm elections, with Republicans expecting it will benefit them politically. While votes taken by […]
The emergence of the COVID-19 Delta variant has played an important part in delaying some planned returns to the office. However, many businesses have been well equipped to adapt to the continually shifting economic environment. While some companies are pushing reopening dates later in the fall or to next year, other firms (such as United […]
While NAIOP has a wide-ranging government affairs agenda, the two hottest areas of focus right now are the bipartisan infrastructure deal, which accounts for $1 trillion in “physical infrastructure,” and the budget reconciliation bill, which allocates $3.5 trillion toward “human infrastructure.” At NAIOP’s I.CON West last week in Long Beach, California, NAIOP Senior Vice President […]
Within the thriving industrial real estate sector, the cold storage class of warehouses has attracted investor and developer attention as demand continues to grow for food and pharmaceutical delivery. Is the era of speculative cold storage upon us? A panel at NAIOP’s I.CON West in Long Beach, California, this week discussed opportunities for developing speculative […]
