Webinar March 23 to Explore the Latest CRE Employment Trends

Examine the biggest trends in commercial real estate employment so you can make more strategic hiring and business decisions. Join these two experts for a discussion on how the pandemic has reshaped the talent management industry, recent findings on industry employment trends and compensation, recruitment and retention tactics, and the future of the commercial real estate workforce. Wondering how your business can address diversity and inclusion, succession planning or managing a multigenerational workforce? Bring your employment questions for our speakers to address during the Q&A portion of the webinar.

Speakers:
Christopher Lee, President and CEO, CEL & Associates
Marc Torrey, Vice President, SelectLeaders

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Call to Action on the 2040 Comp Plan

We need your voice!

Over the past few months, NAIOP Charlotte, in conjunction with REBIC and other real estate associations, has spent considerable time and energy reviewing the proposed 2040 Comprehensive Plan from the City of Charlotte (the Comp Plan)

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Welcome New NAIOP Charlotte Members

We are proud to introduce our new association members! The following is a list of individuals who have joined NAIOP Charlotte since January 1, 2021:

  • Kelly Anderson, Claris Construction
  • Andrew Burton, S&ME, Inc.
  • John Coleman, EastGroup Properties
  • Phoebe Dinga, Lincoln Harris
  • Michael Henry, The Beck Group
  • Daniel Hines, Bohler Engineering
  • Zachary Howze, Seedwater Engineering, Inc.
  • Eric Little, Keach Construction, Inc.
  • Jason Mari, Gilbane Building Company
  • Peter Moody, Harkins Builders, Inc.
  • John Ratliff, EastGroup Properties
  • Joseph Rhodes, Landcare Innovations
  • Nathan Walker, United Mechanical Corporation
  • Chad Wright, BB&T
  • Kate Zawacki, Grandbridge Real Estate Capital, LLC

BREAKING: City to Host Listening Sessions on 2040 Comp Plan

Listening sessions available for deeper conversations on the Charlotte Future 2040 Comprehensive Plan

Due to the high demand for the opportunity to have deeper conversations around the Charlotte Future 2040 Comprehensive Plan, the city will be hosting several listening sessions. Listening sessions allow city staff to listen to community feedback on the plan. These sessions are separate and in addition to the Planning Community Conversation.

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Life Sciences Real Estate Surges Amid Pandemic

Originally published by Trey Barrineau for NAIOP's Winter 2020/2021 Issue,

Investment pours into the sector as the world seeks vaccines and treatments for COVID-19.

Life sciences real estate was performing well before the COVID-19 pandemic struck earlier this year. For example, CBRE’s “U.S. Real Estate Market Outlook 2020” notes that the sector (including medical office) accounted for an annual average investment of $18.7 billion from 2014 to 2019.

However, the challenges and opportunities presented by the public health crisis have boosted interest and investment in the sector at a time when other areas of commercial real estate such as retail and office have struggled.

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Full interview with REBIC chairman Alan Banks

Originally published by Tony Mecia on March 7, 2021, for Charlotte Ledger Business Newsletter.

The Charlotte Ledger’s Tony Mecia last week interviewed the chairman of Charlotte’s Real Estate & Building Industry Coalition (REBIC), Alan Banks, about the city’s proposed 2040 Comprehensive Plan. Banks is also the founder and president of Evans Coghill Homes, a Charlotte homebuilder.

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VTS Survey: 85% of Landlords Uncertain About Tenant Needs for Office Return

Originally published on March 8, 2021, by VTS for CommercialObserver.com. 

VTS, the commercial real estate industry’s leading leasing, marketing and asset management platform, has released a global survey of office landlords showing that while landlords are working hard to bring tenants back to the office in a COVID-safe environment, there is mass uncertainty about exactly which measures will best accomplish this and which are most desired by tenants.

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Is CBRE’s Investment in Industrious a Sign of Where Things Are Headed in the Office Sector?

Originally published by Patricia Kirk on March 8, 2021 for WealthManagement.com.

Commercial real estate services firm CBRE has just invested $200 million to acquire a 35 percent share of flexible workspace operator Industrious, with plans to purchase another 5 percent in the near future, making CBRE Industrious’ largest shareholder.

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2021 Commercial Real Estate Compensation and Benefits Survey

Originally published on March 3, 2021 for NAIOP News

NAIOP is again partnering with CEL & Associates, Inc. to compile the 2021 NAIOP/CEL Commercial Real Estate Compensation and Benefits Survey. A nationally known real estate advisor, CEL has conducted this survey –the largest in the industry – for 32 consecutive years.

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Senate Passes COVID Relief Bill

Originally published on March 9, 2021, for NAIOP E-Newsletter.

Over the weekend the U.S. Senate passed the $1.9 trillion pandemic relief package backed by President Joe Biden on a partisan vote of 50-49, with all Republicans present voting against the measure. Republican Sen. Dan Sullivan of Alaska was not present due to a family emergency. As a result, Senate Democrats did not need a tie-breaking vote to be cast by Vice President Kamala Harris.

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Spring Golf Player Registration is Now Open!

 Individual Player Registration is Open! 

The Spring Golf event hosted by NAIOP Charlotte & CRCBR is on April 26 at Providence Country Club. Individual player registration is now open!

You may register up to four (4) individual players. They are available on a first-come, first-served basis and they will sell out so act fast! 

 

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Still Time to Register! Political Insights Event is Wed

Insights from Both Sides of the Aisle
March 10, 2021 | 9:00 AM - 10:00 AM EDT

This Wednesday!


Hear insights on the current political climate on Wednesday from renowned political strategy consultants, Brad Crone (“The Democrat”) and Chris Sinclair (“The Republican”). Find out what both sides have to say about the changing real estate landscape, the new administration, and what key issues are impacting our state and industry. Submit questions for the speakers in advance here



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City of Charlotte Non-Residential Building Code Ordinance Update

Public Input Sessions

The City of Charlotte’s Great Neighborhoods Committee is in the process of reviewing and evaluating the city’s current Non-Residential Building Code (NRBC) Ordinance. The NRBC Ordinance addresses interior, exterior, and property maintenance standards for commercial businesses. The NRBC ordinance was created in 2009 and has not been reviewed since it was originally passed by Charlotte City Council. 

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Reg Rates Increase Tomorrow! Register Today for the March 10 Political Event

Insights from Both Sides of the Aisle
March 10, 2021 | 9:00 AM - 10:00 AM EDT

Registration Rates Increase Tomorrow (Wednesday, 3/3)


Next week, hear exclusive insights on the current political climate at the state and federal levels from renowned political strategy consultants, Brad Crone (“The Democrat”) and Chris Sinclair (“The Republican”). Find out what both sides have to say about the changing real estate landscape, the new administration, and what key issues are impacting our state and industry. Submit questions for the speakers in advance here



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How Supporting CRE Construction Could Drive the US Economic Recovery

Despite the severe economic downturn of 2020, the U.S. construction industry grew. Direct expenditures for building and nonbuilding construction climbed $51.7 billion to reach $1.4 billion for the year. Total jobs supported by construction grew by 400,000. And construction’s percentage of total U.S. GDP rose from 19.5% in 2019 to 21% in 2020.

In the annual NAIOP Research Foundation study, “Economic Impacts of Commercial Real Estate,” Stephen S. Fuller, Ph.D., university professor emeritus, Schar School of Policy and Government at George Mason University, detailed construction activity and impact across real estate sectors, analyzed factors impacting growth rates and argued that robust support of construction activity in commercial real estate and other sectors could drive America’s economic recovery.

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CLT Development Center Announces Digital Plan Room Launch and Training

Join the CLT Development Center for the launch of our new Digital Plan Room! 

The CLT Development Center has partnered with ePermitHub to launch the Digital Plan Room, a new electronic document review solution that is seamlessly integrated into the Accela Citizen Access environment. The Digital Plan Room is the next generation of electronic plan review. This solution will introduce many new features to optimize the plan review process, making it easier and faster for design professionals and plan reviewers to communicate so reviews can be approved faster with greater efficiency.

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New Report: Strong Growth in Demand for Industrial Space

Originally published by NAIOP Research Foundation on February 22, 2021.

Strong Growth in Demand for Industrial Space

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House Budget Committee Begins Work on COVID Relief Bill

Originally published in the NAIOP Source E-Newsletter on February 23, 2021.

The Budget Committee of the U.S. House of Representatives was scheduled to begin work this week on assembling the $1.9 trillion coronavirus relief package following the submissions from nine House committees. The committees submitted their legislative proposals in accordance with the budget reconciliation instructions contained in the budget resolution passed by the House and Senate. The budget reconciliation process allows the legislation to bypass the Senate’s 60-vote filibuster hurdle normally applicable to legislation, enabling the bill to pass with a simple majority vote. 

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Opportunities in a Post-Pandemic World

Originally published in the NAIOP Source E-Newsletter on February 23, 2021.

Discussions at NAIOP’s CRE.Converge Virtual 2020 revealed optimism for the future despite current challenges.

The COVID-19 pandemic has created challenging conditions for commercial real estate, particularly for speculative projects and for sectors that are more exposed to cyclical risk. However, it has also created opportunities, particularly as the economy emerges from the crisis.

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Creating a Workplace Culture of Inclusion

U.S. demographics are becoming increasingly diverse. However, commercial real estate continues to lag, especially with representation in C-suite roles. At NAIOP’s 2021 Chapter Leadership and Legislative Retreat, Equality Institute CEO Bernadette Smith shared strategies to help real estate companies become more diverse and inclusive.

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