I want to take a moment to reach out to see how you are doing. During these challenging times, I want you to consider NAIOP Charlotte as part of your team, helping each other get through things together.

 

If you haven't already seen some of the great work NAIOP is doing to keep commercial real estate flowing, I am happy to share some quick items, all offered to NAIOP members at no cost:

• Periodic virtual Lunch with Leaders (April 27), Developing Leaders Happy Hour (April 24), and more being planned;
• Twice weekly NAIOP webinars on CRE Response to COVID-19
• Advocacy locally to keeping commercial construction operating in the Charlotte region;
• On-demand courses for members through June 1 (typically $795 per course).

Click Here to Register

Thursday, April 23, 2020, at 2:00 -3:00 p.m. ET

For NAIOP Developing Leaders, the effects of the current pandemic are creating their first career downturn. Whether professional- or career-related, the questions surrounding it are significant:

• What kinds of transactions are happening, or have deals stopped?
• Will remote working, office shifts and coworking be the new norm to reduce exposure, particularly in the next year? 
• How can industrial/logistics tenants prepare for supply and delivery challenges during future potential pandemics?
• How are companies handling the financial crunch, and should we expect furloughs or layoffs? 

Click Here to Register

Whether you are developing, investing or brokering industrial real estate, you know the product has been hot and continues to expand. E-commerce, last-mile delivery, two-story urban distribution centers and more continue to shape all aspects of the multifaceted industrial market.

Join NAIOP on Monday, April 20th and get the inside track on upcoming opportunities in the sector with Dr. Hany Guirguis, Professor, Economics & Finance, Manhattan College and Dr. Tim Savage, Clinical Assistant Professor, NYU SPS Schack Institute of Real Estate. They will provide insights and data from the new NAIOP Industrial Space Demand Forecast, identify linkages between overall economic activity and the demand for industrial real estate, and engage in a live Q&A session with attendees.

NAIOP is again partnering with CEL & Associates, Inc. to compile the 2020 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 31 consecutive years.

Complete the survey by Friday, April 24th.

Take the Survey

A key element of the $2.3 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act may run short of funding as soon as this week. Lawmakers initially allocated $349 billion to the Paycheck Protection Program (PPP) run through the Small Business Administration. In its first week, PPP spent more than $100 billion of that, and could spend the rest by Friday. Treasury Secretary Steven Mnuchin asked Congress to add an additional $250 billion to the fund last week. Democrats blocked that attempt in the Senate; they are demanding additional provisions they said would help hospitals and state and local governments.

Click Here to Read More

As e-commerce and technology push industries to evolve, businesses are placing greater importance on integrated workspaces. These are places where design, manufacturing, distribution and showroom activities occur within a single building.

At the same time, companies must deal with land supply constraints, increases in space demand, and economic and population growth. These trends are driving new opportunities for industrial lands intensification, such as multilevel developments (sometimes referred to as “vertical” or “stacked”), while challenging old planning regulations.

Click Here to Register

The unprecedented COVID-19 pandemic has forced many people to work from home indefinitely. While it's a time of uncertainty and disruption, time invested in education and training is always time well spent.

That's why NAIOP is offering all on-demand courses absolutely free to all members through June 1.

The industrial warehouse of today has come a long way from its basic “big box” predecessor. This course provides professionals with an understanding of the components of the modern industrial warehouses being developed today, and an overview of the steps involved in the ground-up development of these industrial buildings. Explore the roles, analytical tools used, critical decisions, tasks, risks and pitfalls that apply at each step of the industrial development process. The course begins with an overview of the product type, then moves on to niche topics including infill development, cold storage and the supply chain.

Click Here to Register

It’s more than just a passing trend – this course provides professionals with an understanding of the latest utilizations of and best practices for the real estate as a service model. Learn from practitioners working in the real estate as a service world, respond to realistic scenarios, explore case studies on successful real estate as a service spaces, and create an action plan for next steps in establishing a real estate as a service space. Gain understanding of the unique aspects of the model, including a change in mindset, creating community, effective marketing, building design, recruiting a team and understanding financials. 

Click Here to Read More

No networking events on your schedule? No problem. You can continue to build relationships and access business opportunities right now – you may just need to think creatively about how best to manage in the current situation. Networking strategist Lori Saitz of Zen Rabbit will provide new ideas for making meaningful professional connections, whether you are looking to touch base with people you’ve met in the past or would like to expand your network to reach new customers. She will share best practices and tips to consider during this time of business-not-as-usual.

Speaker: Lori Saitz, Zen Rabbit

Originally published on Tuesday, April 6, 2020.

The challenges presented by the COVID-19 pandemic are unprecedented and far-reaching. During this time of crisis, NAIOP is focused on delivering the invaluable education, advocacy, and research that you expect – and that your business depends on. This is NAIOP's pledge to help its members during this crisis, as we all work toward a time of good health and prosperity.

Click Here to Read More

The federal government is scrambling to deliver economic help to the American economy under difficult circumstances. A key step is getting the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) up and running. SBA posted its interim final rule to govern the program last Thursday. There have been some glitches, but the SBA began granting loans last Friday, and banks are continuing to work this week to process additional loan applications. Information on the SBA’s loan programs and application information is located here.

Click Here to Read More

Bisnow interviewed Michael Kloppenburg, senior consultant for flexible office solutions at Avison Young, and Daniel Levinson, chairman, CRE Holdings, subject matter experts for NAIOP’s new Real Estate as a Service course on the REaaS model.

Click Here to Read More

As workers largely operate remotely during the COVID-19 crisis, will the shift out of the traditional office permanently change the sector? Register for the next Advantage Series webinar, April 8, 2 p.m. ET, to hear two experts share their perspectives on how the pandemic and its ripple effects have impacted office leasing activities and rates. 

Click Here to Read More

Click Here to Read More

Originally published on April 1, 2020, by ED KLIMEK, AIA, NCARB

Commerce had begun to change before the outbreak of COVID-19; from the exponential trajectory of e-commerce to the rise in consumer demand for more immediate goods to the rise of urban industrial development to fulfill last-mile needs. The unknowns of this novel virus have accelerated that change to a tipping point at which the structures of commerce, and the development that supports it, maybe altered for good. This crisis has exposed the strengths and weaknesses of the market, and in doing so proved the necessity of a resilient supply chain. What will new commerce look like and what will be the industrial development response to support it? Some of this answer may lie in examining the world’s largest commercial enterprise, a company that had already set change in motion, and the one company that may have grown the most as a result of demand driven by the impact of COVID-19: Amazon. Through the lens of Amazon’s keys to success, we can see a path forward for industrial development to be part of the resilient supply chain.

Click Here to Read More

NAIOP commends the U.S. House for today's passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), following the U.S. Senate's passage on Thursday. We expect President Donald Trump to sign it into law shortly.\

The CARES Act will provide critical relief as businesses and individuals strive to manage the economic challenges created by the COVID-19 pandemic. We look forward to continuing our work with elected leaders on next steps, as well as supporting our members and the industry as we weather this crisis and plan for the future.