Posted on April 17, 2018
Lawmakers are back in Washington after a two-week break. But as they’re coming back into town, a key figure in the Trump administration is set to depart.
Posted on April 16, 2018
By: Greg Lazaroff
Posted on April 19, 2018
A recent RCLCO Advisory Report describes the small but growing category of e-sport arenas as holding promise to anchor new and existing large, mixed-use entertainment districts in North America. Electronic sports, or "e-sports" is a broad category covering "competitive multiplayer video games played by professional video game players, for spectators’ enjoyment during regular season and tournament league games." E-sports teams are generally organized based on game title and geographic region, supported by sponsors and advertising, and are moderated by professional e-sports commentators. Spectators can view in person at various arenas or watch livestreaming events over platforms such as Twitch and YouTube. E-sports reached 335 million viewers in 2017, split between occasional viewers (57 percent) and enthusiasts (43 percent), and viewership has increased by "double-digit percentages in recent years, and is forecast to exceed half a billion viewers by 2021."
Posted on April 13, 2018
By: Clay Edwards
Posted on April 12, 2018
The NAIOP Sentiment Index is designed to predict general conditions in the commercial real estate industry over the next 12 months. The forecast is not based on an analysis of historical data, but rather it represents a look into the future by real estate developers, investors and operators. These NAIOP members are asked to respond to questions based on their ongoing work, including projects in their pipelines. For more information, see Understanding the Index.
Posted on April 10, 2018
According to Curbed, the 2.3 billion square feet of self-storage space in the United States could "fill the Hoover Dam with old clothing, skis, and keepsakes more than 26 times." Trends including baby boomer retirees downsizing, small businesses storing excess inventory, and millennials living in small spaces have contributed to a record-setting boom in the self-storage industry. The article cites industry experts who believe self-storage may be at its peak, and forecast a slowdown due to overbuilding in Phoenix, Arizona; New York City; and Orange County, California. Some critics have pointed out that self-storage spaces are crowding out other more productive land uses; land that could be better used for "commercial, industrial and even residential purposes." Meanwhile, China and much of Southeast Asia are catching up to the U.S. in demand for spare space and emerging as "massive growth markets."
Posted on April 9, 2018
Last week, President Donald Trump hosted a campaign-style event in Ohio to discuss his infrastructure plan. The White House Council of Economic Advisers says that, if implemented, the plan could put more than 400,000 people to work over the next decade. Infrastructure and transportation is a legislative priority for NAIOP in 2018.
Posted on April 6, 2018
By: Marie Ruff
Posted on April 5, 2018
By: Aaron Ahlburn, JLL
Posted on March 29, 2018
With more than 275 commercial real estate professionals from across the state and fantastic programming, the 2018 NAIOP NC Statewide Conference in Pinehurst was a success. The conference provided a relaxed, open setting, allowing NAIOP members to connect, learn, and enjoy a little competition on the lawn bowling greens.
Posted on March 27, 2018
Senators took a positive step last week, with an overwhelming vote to begin reforming the 2010 Dodd-Frank banking law. The measure, S. 2155, passed on a 67-31 vote, with support from members on both sides of the political aisle.
Posted on March 26, 2018
By Dr. Stephen S. Fuller
Posted on March 23, 2018
By Marie Ruff
Posted on March 22, 2018
By Robert T. Dunphy
Posted on March 21, 2018
By Ioana Neamt
Posted on March 20, 2018
Recruiting and retaining top performers has become essential in today's highly competitive marketplace. It's not too late to find out if your salary and bonus package is competitive with the 2017 NAIOP/CEL Commercial Real Estate Compensation and Benefits Report.
Posted on March 15, 2018
According to a VTS blog post, The Rise of the “Urban-Suburban” Office Market, many companies want their offices to be in dynamic locations that appeal to young professionals, but that no longer means only downtown markets. Suburban office construction was strong throughout 2017, but the markets that will fare the best will have “urban-type” amenities such as walkability, public transit, a variety of housing options, retail and restaurants. The article warns, “Owners and developers of suburban office buildings that don’t embrace this urban-suburban ‘vibe’ might find it tougher to justify new developments or sign new tenants. Simply offering big office buildings and huge surface parking lots are not often enough to draw companies today. It’s more about creating a mixed-use destination.”
Posted on March 15, 2018
NAIOP Charlotte is pleased to announce our 2018 Board of Directors.
Posted on March 14, 2018
By: Dr. Stephen S. Fuller
Posted on March 14, 2018
This is the last week to register for the NAIOP NC Conference. Hope to see you in Pinehurst next week!
