Market Share

The Official Blog for Commercial Real Estate

Tag: post-COVID-19

Albuquerque, New Mexico, skyline

The Impact of Proposed Air Quality Control Measures in Albuquerque

A new proposed rule change to how air quality permits are issued in the Albuquerque metro has many economic development organizations, associations and businesses very concerned. While the goal of protecting vulnerable communities and improving air quality is necessary, we must also carefully consider the impact of rigid regulations on economic development.

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Running professional

Developing Leaders Spotlight: Going the Distance in CRE

“Driven but balanced” is how one colleague describes Sal Perdomo, a recipient of the 2022 Developing Leaders Award, and with good reason. This former NCAA cross country and track athlete now  represents and competes at USA Track and Field Championship meets across the U.S. as part of the Dukes Track Club. Perdomo’s drive and calculated risk-taking have served him well, both on the track and in his commercial real estate career.

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New possibilities in commercial real estate

Developing Leaders Spotlight: Envisioning New Possibilities in CRE

When he was a college student, James Kline, a recipient of the 2022 Developing Leaders Award, knew that he wanted to pursue a career that would help people, but he wasn’t sure yet which direction that would take. As an intern, Kline saw how commercial real estate owners could benefit lives by providing quality housing at an affordable price. Now, Kline serves as senior director in the Orange County office of JLL Capital Markets, Americas.

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Mentoring concept

Developing Leaders Spotlight: Championing Future Leaders

When he first joined NAIOP, Nicholas Kitaeff, a recipient of the 2022 Developing Leaders Award, was eager to connect with and learn from fellow professionals in commercial real estate. He found NAIOP membership to be a “transformational milestone” in his career advancement and soon discovered ways that he could invest his time and expertise to build up other young leaders in the industry. While his colleagues note his remarkable passion, strong leadership and deep commitment to successful real estate development, his contributions to the NAIOP Colorado mentoring program stand out as exceptional achievements.

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Dedication

Developing Leaders Spotlight: Going the Extra Mile

Known by his commercial real estate colleagues as a driven professional with a high degree of initiative, Shawn Jaenson, a recipient of the 2022 Developing Leaders Award, is also known for exhibiting those characteristics in other areas of his life, from mentoring athletes to guiding aspirants to the elite special operations forces.

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Artificial intelligence

Leveraging Data Science and AI in CRE Investment Strategies

“[Artificial Intelligence] won’t replace real estate people. AI will replace real estate people who don’t have AI,” said Itay Ron, senior president of Northeast markets at Faropoint at the I.CON East conference this week in Jersey City, New Jersey. “Right now, we are reaching an inflection point where you can easily use data for commercial real estate,” Ron continued, discussing the state of artificial intelligence technology and how commercial real estate professionals can utilize AI in their investments. 

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Finding Potential in Forgotten Industrial Sites

How Split-level Industrial Could Work in Forgotten Industrial Sites

Every day, developers drive past prime industrial real estate sites that could be warehouse-perfect, were it not for the sloped grade that would cost too much to excavate to make the facility level. Enter a new solution: a split-level building that doubles the space by creating efficiencies in construction costs and land use.

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Capital markets

The State of the Markets for Industrial Real Estate

“Volatility and uncertainty” describe the current state of the markets, according to Tom Griggs, managing director and head of industrial & logistics for the East at Hines, with the past 12-18 months presenting a difficult environment. Griggs led an expert panel discussion on the outlook for the industrial real estate capital markets at NAIOP’s I.CON East.

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