08
Sep
2020
Reshoring: Surf’s up. Are you Ready to Ride the Wave?
Posted On September 8, 2020  By Ann Marie Collins  And has No Comment

The pandemic clearly spotlighted how easy it is to break even the most well-connected supply chains. As China and other Asian countries shut down due to quarantine enforcements, many manufacturers scrambled to find alternative domestic suppliers to finish their products. Companies like Apple and Microsoft had […]

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02
Sep
2020
California First in the Nation to Enact Zero-emission Truck Regulation
Posted On September 2, 2020  By Toby Burke  And has No Comment

The California Resources Board (CARB) unanimously adopted the Advanced Clean Truck Regulation on June 25. The new regulation intends to transition all medium- and heavy-duty truck fleets in the state to zero-emission vehicles by 2045. The board’s action is part of the state’s efforts to move away from […]

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31
Aug
2020
Lessons Learned from Chicago’s Landmark Old Post Office Redevelopment
Posted On August 31, 2020  By Lauren Torres  And has No Comment

Even as many Chicago companies have delayed reopening offices until the threat of coronavirus has lessened, eventually companies will return to their workplaces for collaboration, to boost company culture, and to regain a separation between work and home for their employees. In the meantime, work continues […]

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28
Aug
2020
The Impact of COVID-19 on CRE Capital Markets
Posted On August 28, 2020  By Tejaswi Ponnada Parker  And has No Comment

The second quarter contraction in commercial real estate (CRE) capital markets evokes memories of the significant liquidity and price discovery challenges encountered during the global financial crisis (GFC). However, the two crises share little else in common, at least up to this point. While the GFC […]

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27
Aug
2020
NAIOP August Coronavirus Impacts Survey Suggests Continued Gradual Improvement for CRE
Posted On August 27, 2020  By Shawn Moura, Ph.D.  And has No Comment

Last week, NAIOP conducted its fifth monthly survey of its U.S. members on the impacts of COVID-19. Since April, the association has examined the pandemic’s effects on commercial real estate and how firms have responded. Respondents to the survey report continued, gradual improvement in rent collections, […]

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24
Aug
2020
Change is in the Air, but Not on the Ground
Posted On August 24, 2020  By Jeffrey P. Geiger  And has No Comment

Change has been the driving force for the last six months, including change in how we work, how we shop and dine out, and in what we wear. But, change is not everywhere. Long-term fundamentals that drive real estate development and investment remain unchanged. Contrary to […]

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19
Aug
2020
COVID-19 Takes Toll on State and Local Budgets
Posted On August 19, 2020  By Toby Burke  And has No Comment

The gravity of COVIC-19’s impact on states and communities was not anticipated at the start of this year. The spread of the virus required states and local governments to take unprecedented actions including issuing stay-at-home orders and strengthening healthcare services; these actions have dramatically impacted state […]

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06
Aug
2020
Adaptability the Top Amenity for the Post-pandemic Office
Posted On August 6, 2020  By Alan Joel  And has 1 Comment

The must-haves for the office of the near future may not be the same as they were six months ago. Since the COVID-19 pandemic has reshaped the way people live and work, every community has had to take stock of how their future office space and […]

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05
Aug
2020
The Latest on Stimulus Legislation
Posted On August 5, 2020  By Aquiles Suarez  And has No Comment

You could be forgiven for thinking that Congress would have passed an additional economic stimulus bill by now. After all, supplemental unemployment benefits have expired, there are days left before the applications by businesses for the Paycheck Protection Program (PPP) are no longer accepted, and Senate […]

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03
Aug
2020
NAIOP’s July Coronavirus Impacts Survey Results: CRE Continues to Recover
Posted On August 3, 2020  By Shawn Moura, Ph.D.  And has No Comment

Last week, NAIOP conducted its fourth monthly survey of its U.S. members on the impacts of COVID-19. Since April, the association has examined the pandemic’s effects on conditions in commercial real estate and evaluates how firms have responded. The July survey results reveal that commercial real […]

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