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 […]
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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, […]
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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 […]
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As the new year begins, lawmakers will begin returning to their chambers to discuss and debate numerous pieces of legislation. Congress is currently focused on President Joe Biden’s Build Back Better initiative and voting rights legislation, but conventional wisdom suggest that passage of meaningful, nonpartisan legislation […]
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While the past two years have been marked by considerable speculation around the future of office-based and remote work, there is no uncertainty around the fact that companies will still need physical spaces for training, collaboration and culture building. Considering the changing nature of these activities, […]
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Building on the NAIOP Research Foundation’s recent study, The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes, several NAIOP chapters and George Mason University have collected data on development approvals across the United States and Canada. To date, Mason’s data collection has focused […]
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Nationwide, commercial property is experiencing a significant shift in the makeup of the brick-and-mortar retail market. The COVID-19 pandemic has repeatedly taught us that convenience is king, and although we have somewhat returned to our pre-pandemic routines, online ordering, delivery services, and omnichannel distribution are all […]
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Lab sciences is one of the most talked-about sectors in real estate right now – but how can a traditional office building owner court these companies as tenants? By understanding what lab sciences leaders look for in potential lab and office space, commercial real estate owners […]
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Real estate developers and owners provide the commercial and residential space for individuals to live, work and play. State and local governments can play an important role in supporting this through incentives and other measures that ensure development projects financially “pencil” and are economically sustainable over […]
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On a seven-mile stretch of Arkansas roads this fall, retail giant and tech innovator Walmart began testing a new type of delivery truck: autonomous vehicles running a loop route that requires the truck to navigate intersections, obey traffic lights and merge on dense roadways. Notably missing? […]
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