Department of Energy Defines “Zero-Emissions Buildings”

August 7, 2024

Eric Schmutz

In June the U.S. Department of Energy (DOE) released the National Definition of a Zero Emissions Building (ZEB). This definition is the result of DOE and White House listening sessions held over the past year to obtain stakeholder concerns and feedback.

Special Districts: Tools for Commercial Areas in Transition

July 29, 2024

Malaika Rivers

How many different commercial areas in your market are in transition? Perhaps a new mixed-use development is underway, or a nearby office campus sits empty. These changes are familiar market landscapes to CRE professionals, but they may not be as familiar with the tools to help maneuver these transitions. One tool that can channel the voices and dollars of commercial real estate owners to great effect is known as special purpose districts, or a host of other names.

Bipartisan Property Conversion Incentive Legislation Introduced

July 17, 2024

Aquiles Suarez

Just prior to leaving for this week’s congressional recess, Republicans and Democrats in Congress worked together to introduce bipartisan legislation furthering one of NAIOP’s top legislative priorities. The Revitalizing Downtowns and Main Streets Act (H.R. 9002) was introduced last Thursday with 12 original cosponsors – six Republicans and six Democrats, all members of the tax-writing House Ways and Means Committee.

Gallup Report Indicates Need for In-Person, Engaged Workplaces

June 27, 2024

Jennifer LeFurgy Ph.D.

Has remote work hurt employees and is it time to return to the workplace to boost social connections, receive in-person mentoring and reduce isolation? The answer may be yes, but there is also a need for employers to create supportive and well-managed workplaces.

Developing Leader Spotlight: A Catalyst for Positive Change

May 30, 2024

Marie Ruff

“The spaces we occupy profoundly influence our lives, and it is my goal to shape those spaces in a way that enhances the well-being, productivity and creativity of individuals and businesses alike,” said Jace Jonsson, a recipient of the 2023 Developing Leaders Award. Jonsson said that his commercial real estate career has always been driven by the desire to be “a catalyst for positive change” within the commercial real estate industry and the broader community of Calgary in Alberta, Canada.

RBC Gateway: Soaring to New Heights in Minneapolis

May 9, 2024

Kathryn Hamilton, CAE

Standing 37 stories in downtown Minneapolis is RBC Gateway, the first Class A office building constructed in the city since 2001. Members of the NAIOP National Forums enjoyed a tour of this facility during the National Forums Symposium held this week in Minneapolis.

To Transform the Nation’s Downtowns, We Need the Public Sector

April 29, 2024

Jay Biggins

In the wake of the coronavirus pandemic, many downtowns across the country remain disquietingly vacant. The U.S. has the highest office vacancy rates since 1992. Some levels of hybrid and remote work are here to stay, and now the commercial real estate landscape faces some tough decisions, offering both challenges, which are clear, and unique opportunities, which are less well-defined but coming into focus.

Boston and Seattle Lead 2024 Office Pipeline

April 11, 2024

Diana Sabau

The office space market is facing a new reality in 2024: lower demand and a need for adaptation. While new construction shrunk by 28% compared to last year with 97 million square feet currently under development nationwide, there’s an interesting twist: Cities are responding by converting unused offices into other uses, such as housing.

Market Share

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Tag: office real estate