As the second day of NAIOP’s CRE.Converge neared a close in Las Vegas, attendees had an opportunity to learn a bit about the city that will host next year’s conference: Toronto.
NAIOP Research Foundation Governors, Visionaries and Distinguished Fellows met this spring in Minneapolis to discuss nearshoring/reshoring and possible research topics for future exploration. A panel discussion moderated by Garry Weiss, vice president and national director of business development and strategic initiatives, ARCO/Murray, examined how a rapid expansion in manufacturing capacity is affecting industrial real estate markets in the U.S. and Mexico.
Driven by collaboration and exploration, Maria Poyer, a recipient of the 2023 Developing Leaders Award, has evolved as a dedicated commercial real estate professional, specializing in acquisitions and development. With a proven track record and throughout her career, she has shepherded over $4.9 billion in commercial real estate transactions and worked on various developments, bringing a wealth of expertise to every project.
Members from the three NAIOP chapters in North Carolina traveled to Raleigh last week for their legislative advocacy day within the state capitol. The two-day event provided an important opportunity for attendees to collaborate on the issues facing commercial real estate and advance the industry’s interests with state lawmakers.
Since the early days of the COVID-19 pandemic, investors have been waiting on the sidelines to take advantage of distressed properties, hopeful that the event would trigger something akin to the steep discounts available during the Global Financial Crisis. However, banks have learned lessons from the GFC, and this time around have been more cautious to unload their book of CRE loans. As a result, there have been fewer distressed opportunities in this current economic cycle.
The industrial outdoor storage (IOS) space has evolved significantly over the last 10-15 years, yet many are still unfamiliar with these unique sites. A panel of IOS investors shared their insights into the future of this sector, from the investment cycle to acquisition/disposition, and when it might be considered an institutionalized product class at I.CON East.
In an era marked by unprecedented disruptions and rapid technological advancements, J.C. Renshaw, head of supply chain consulting – North America, Savills North America, presented key challenges, emerging trends, and his predictions for what lies ahead at the I.CON East conference this week in Jersey City, New Jersey.
Onshoring and nearshoring activity is spurring demand for manufacturing space as well as associated demand for logistics facilities, said Lisa DeNight, managing director, national industrial research, Newmark, at I.CON East this week in Jersey City, New Jersey.
