Posted on December 18, 2018

By Brielle Scott

Posted on December 14, 2018

GOVERNING reports that Amazon’s decision to locate its second headquarters in already economically strong areas drew the ire of those who had hoped the company would choose a city that needed a boost. However, landing a large corporation isn’t the best way to improve a local economy and spur job growth. The article cites a report by the Urban Institute and the Brookings Institution that advised cities to concentrate on growing existing business and not luring outside companies. “Most job expansion and contractions come from birth and deaths of homegrown businesses or expansion or contractions of existing home-based businesses,” said Megan Randall, a coauthor of the report.

Posted on December 13, 2018

By Dr. Hany Guirguis and Dr. Joshua Harris

Posted on December 12, 2018

By Andy Cohen

Posted on December 10, 2018

By Richard Sarkis

Posted on November 21, 2018

The NAIOP Research Foundation has published the NAIOP Office Space Demand Forecast for Q4 2018.

Posted on December 7, 2018

By Brielle Scott

Posted on November 8, 2018

By: Christopher Lee

Posted on November 6, 2018

By Rick Steger

Posted on November 2, 2018

The NAIOP CRE Sentiment Index for September 2018 (a composite of nine survey questions), showed positive changes in seven of the nine questions that underpin the Index. This survey's 0.66 Sentiment Index reading is the highest posted since the full survey commenced in March 2016.

Posted October 26, 2018

Green roofs have been slowly catching on in the U.S., but more municipalities are encouraging or requiring their installation to reduce energy costs and absorb stormwater. According to an article from Governing.com, two companies are helping to guide green roof installation. Counterpointe Sustainable Real Estate and Green Roofs for Healthy Cities advise companies and municipalities on the best way to adopt green roofs. Additionally, The Living Architecture Performance Tool is a “rating system and best practice guide” to achieve “measurable and replicable performance benefits” when building green roofs.

The Town of Huntersville is considering establishing its own local development review and permitting agency, bringing in-house a variety of services now provided by Mecklenburg County.

The main services the Town would take over from LUESA include development plan review; zoning, development and erosion control inspections; and bond administration. The Town Manager told the Board this week that five new positions would need to be created to provide these services.

Posted on October 16, 2018

A recent New York Times article, The Most Important Least-Noticed Economic Event of the Decade, describes how in 2015 and 2016 a confluence of interconnected forces had a significant impact on the world economy and the presidential election but not many were aware that it ever happened. This slowdown went mostly unnoticed as it primarily affected the energy and agricultural sectors and their equipment suppliers, but it has some important political and economic implications.

Posted on October 15, 2018

By Jennifer Lefurgy, Ph.D.

Posted on October 9, 2018

Recruiting and retaining top talent has become essential in today's highly competitive marketplace.

Posted on September 14, 2018

Earlier this week, the Board of Directors for the Charlotte Regional Partnership and the Executive Committee of the Charlotte Chamber voted unanimously to authorize their CEOs and staff to engage in the steps necessary to formally combine the organizations. The Boards of both organizations are expected later this year to act on a formal recommendation from their respective Executive Committees to finalize the combination. It is anticipated that should the Boards vote to ratify the recommendation, the new enterprise will begin operations on January 1, 2019. We are providing the media this afternoon with a limited joint statement, but we believe it is important for you to hear this news from us first.

Posted on September 6, 2018

Did you know NAIOP has a glossary of commercial real estate terms available online for your reference anytime? Bookmark the page for whenever you come across a phrase you don't know or need a refresher.

Click here to view CRE Glossary

Posted on September 4, 2018

Written By: Dr. Hany Guirguis and Dr. Joshua Harris

Posted on August 7, 2018

The Charlotte Planning Department is undergoing a comprehensive reorganization, in an effort to streamline the development approval process and reduce the number of conflicts that arise between final rezoning and site plan review.

Posted on July 16, 2018

The number of available U.S. jobs now exceeds the number of people out of work and seeking employment. At the end of April, job openings stood at 6.7 million while the number of unemployed reached 6.3 million. The June 2018 Marcus and Millichap Research Brief finds that an effect of a competitive labor market is that office-using employment is driving down office vacancy rates, and over the past 12 months, the professional and business sector has been expanding at a faster pace than overall employment, driving up office demand. The professional and business sector added almost 500,000 jobs and grew at 2.5 percent compared to the national rate of 1.6 percent. The increased hiring, according to the report, drove down the national office vacancy to 13.8 percent in the first quarter of 2018.