10
Apr
2023
How to Justify an Additional $25 per sq ft for Office Conversions
Posted On April 10, 2023  By Miles Haladay  And has No Comment

America faces a multipronged real estate crisis. We have a stubborn residential housing shortage, high office vacancy rates, and flight from many downtown hubs that is killing off businesses servicing those areas. Converting office towers into housing could solve multiple problems at once.

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18
Jan
2023
Return to the Hill: CL&LR 2023
Posted On January 18, 2023  By Aquiles Suarez  And has No Comment

In less than two weeks, NAIOP members and chapter local executives will be headed to Capitol Hill to meet with their elected representatives, senators and congressional staff. In so doing, they will be taking the opportunity to establish relationships with newly elected members of Congress; renew and deepen existing ties with incumbents; and talk to their elected officials about issues important to the commercial real estate industry.

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31
Oct
2022
What it Took to Build Chicago’s Largest Private Chemical Lab in Fulton Market
Posted On October 31, 2022  By Jason Utah  And has No Comment

As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up […]

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11
Oct
2022
A Candid Conversation on Office Conversions
Posted On October 11, 2022  By Trey Barrineau  And has No Comment

Converting existing buildings to new uses is a growing trend in commercial real estate. A session during NAIOP’s CRE.Converge 2022 in Chicago this week profiled three projects that provide valuable insights into successful conversions. The Curtis, Philadelphia In 2014, Keystone Development acquired The Curtis, an iconic […]

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10
Oct
2022
Lincoln Yards and The Salt Shed: Unique Developments on Chicago’s North Side
Posted On October 10, 2022  By Trey Barrineau  And has No Comment

Along the banks of the Chicago River on the city’s North Side, new developments are arising that have the potential to revitalize this former industrial area. A tour during NAIOP’s CRE.Converge showcased two projects that are part of this effort. Sterling Bay’s Lincoln Yards is a […]

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25
Aug
2022
Retail-industrial Trend Poised to Spark Real Estate Innovation
Posted On August 25, 2022  By Linda Strowbridge  And has No Comment

Growing convergence between the retail and distribution sectors could have profound impacts on the commercial real estate industry. As retail and industrial clients adjust to shifts in consumer behavior and the overall economy, CRE professionals will be challenged to change their thinking about how to truly […]

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29
Jul
2022
CommercialEdge: Office Sales and Vacancy Rates Up in Midyear 2022
Posted On July 29, 2022  By Eliza Theiss  And has No Comment

Two and a half years after the pandemic began, the short-term future for the office sector remains uncertain, with record vacancy rates adding to the industry’s woes, according to a recent office report from CommericalEdge. And as hybrid and work-from-home business models continue to take hold […]

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20
Jun
2022
Time and Cost Trade-offs for Adaptive Reuse Projects
Posted On June 20, 2022  By Brielle Scott  And has No Comment

At NAIOP’s I.CON East: The Industrial Conference in Jersey City, New Jersey, a sold-out crowd of over 1,000 industrial real estate professionals gathered to hear from experts leading the sector on supply chain challenges and solutions, capital markets, reverse logistics and more. In a panel discussion […]

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11
Jan
2022
Unique Adaptive Reuse Projects
Posted On January 11, 2022  By Brielle Scott  And has 8 Comments

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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11
Nov
2021
Kearny Point: Flexible, Creative Workspace for the New Economy
Posted On November 11, 2021  By Marie Ruff  And has 1 Comment

“Lights, camera, action!” Not words many people think of when it comes to industrial real estate, except, as a project tour of Kearny Point during I.CON East in Jersey City, New Jersey, made clear, maybe they should. With many people dramatically increasing their time at home […]

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