By a show of hands, I.CON West keynote speaker Christine Cooper, Ph.D., managing director and chief U.S. economist with CoStar Group, polled attendees on their economic outlook – was it bright or bleak? The group responded largely positively, with most indicating they felt the economy was doing better than not.
In a study analyzing the current state of industrial real estate construction and the current pipeline, CommercialCafe highlighted which markets have the most industrial space underway, as well as the largest projects slated for completion in 2024.
As the retail landscape continues to evolve with some well-known retailers declaring bankruptcy or streamlining their real estate portfolios, it doesn’t have to signal a loss for the surrounding community. In fact, the opposite is true. People increasingly want their healthcare brought closer to home, and with these abandoned spaces comes opportunity.
Last week, hundreds of NAIOP members from the U.S. and Canada attended NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) in Washington, D.C., with the conference culminating in countless meetings with their elected representatives to advocate on behalf of the commercial real estate industry.
In an information-packed keynote at CL&LR, Rebecca Rockey, deputy chief economist and global head of forecasting at Cushman & Wakefield, highlighted several economic trends that will inform credit liquidity and the capital markets in 2024-2025.
As we start a new year, the office outlook is still mixed. Although more companies are requiring employees to be in the office some days per week, we are far from the high occupancy that many central business districts enjoyed before 2020. Companies are still figuring out their workplace strategies – how often to bring in employees and how to better use their space for the reality of work today.
The political battle over the presidency and the control of both chambers on Capitol Hill is expected to garner most of the attention of the national media this year. While the outcome of these campaigns will have significant implications on policy debates at the national level, they should not overshadow or minimize the important political races for control of state legislatures and gubernatorial offices across the country. The outcome of these more-grassroots races in comparison to control of state capitols may be more reflective of the policies of importance to the American people.
Major themes dominating the attention of commercial real estate development professionals in 2023 included capital markets, financing and industry outlooks, according to the most-read Market Share posts this year. While concerns about usage of office space persist, blog readers were also drawn to posts about industrial real estate – again, often where industrial real estate intersected with capital markets. Read on for the top 10 and catch up on any pieces you missed.
This year has continued to be one of recalibration and reevaluation for office space usage across the U.S. What does the data show about office usage now and what’s ahead? In a recent NAIOP webinar, the authors of the recent office space demand forecast published by the NAIOP Research Foundation explained their research findings.
