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Challenges and Opportunities in Mission Critical Development

Originally published in NAIOP Development Magazine's Spring Issue

The promise of functional AI has added complexity and urgency to the delivery of data centers.

Since 1992, Ryan Companies has built mission-critical data centers. Currently, the company is building or developing more than $5 billion in data center projects across the United States. Todd Johnson, director of real estate development for Ryan’s mission-critical sector, recently sat down for an interview to discuss the complexities of this fast-growing area of specialization.

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NAIOP Research Foundation Discusses Commercial Real Estate Challenges and Trends

Originally published on November 5, 2024 by Shawn Moura, Ph.D. for NAIOP.

NAIOP Research Foundation GovernorsVisionaries and Distinguished Fellows met in Las Vegas in October to discuss development challenges associated with water and power scarcity and possible research topics for future exploration. A panel, moderated by Marianna Hunnicutt, practice builder at Kimley-Horn, discussed how the development community in Las Vegas is working with utilities and municipal leaders to meet sustainability objectives and ensure access to water and power for future projects.

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Powering the Real Estate Investment Process with GPT

Originally published on October 11, 2024, by Ginger Meurer for NAIOP.

Generative AI is not just a tool of the future. Practical applications are already at work today in investment, acquisition, financing, asset management, debt management and more. At this week’s NAIOP CRE.Converge conference, Laura Krashakova, CEO at Smart Capital, shared insights into ways companies can use generative AI to cut costs and automate their way to peak efficiency.

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Regional Labor Market Trends and Comparative Analysis

Originally published on June 6, 2024, by Natalie Fidlow, CFA for NAIOP.

“Labor availability trumps labor costs as a top concern in the Eastern Pennsylvania and New Jersey markets,” said David Hickey, global managing director at Hickey Associates. He led experts in a dynamic discussion at I.CON East this week in Jersey City, New Jersey. They drilled down on the region’s data and provided strategies to navigate the tight talent market.

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BIM and the Future of Real Estate Investment: Mitigating Risk and Improving ROI

Originally published on April 18, 2024, by Anna Liza Montenegro for NAIOP.

Real estate development is an ever evolving and, at times, volatile business. Advanced technology can help to mitigate that volatility and improve processes in the construction and real estate industry. Building information modeling, or BIM, is one of the most powerful tools developers can use to reduce risk and ensure the profitability of their investments. BIM not only allows for better planning and project design, but also facilitates collaboration, communication, efficiency and ongoing asset management.

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The Real Impact of Innovative Building Solutions

Originally published on April 4, 2024, by Bob Boyer for NAIOP.

In the ever-changing world of construction, creative solutions are key to moving projects forward. In an industry where tradition can take precedence over innovation, it’s important for general contractors to regularly challenge the norm; doing so can uncover modern insights that reshape the way we build the communities where we live and work.

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AI and Technology in Industrial Development

Originally published on March 13, 2024, by Kathryn Atkins for NAIOP.

How do you know if you are optimizing the space in all your properties worldwide? How long would that take you to figure out with your current analytical tools?  

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NAIOP New Jersey: Let’s get the Next Energy Master Plan Right

Originally published on February 7, 2024, by Dan Kennedy for NAIOP.

Commercial real estate developers and owners recognize the important role they must play in combating the effects of climate change. In my state, New Jersey, residential and commercial buildings account for the second-largest share (26%) of greenhouse gas emissions, while 87% of residential buildings and 82% of commercial buildings rely on natural gas for heating spaces and water.

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Leveraging Technology to Enhance Relationship Building

Originally published on January 16, 2024, by Rebecca Randolph for NAIOP. 

As the business landscape continues to evolve, it’s key for relationship builders in all industries to reconsider the ways they connect and engage with both new and existing clients. In our fast-paced, digital world, new technologies have transformed how companies do business, including how they attract new prospects, foster relationships, create trust and maintain relevance. While these new technologies are rooted in the basic principles of relationship building, business development professionals should take a close look at these new methods to consider how they can help reinforce their current approach to support their company’s growth and longevity.

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The Promise of AI: Transforming the Construction Industry

Originally published on January 9, 2024, by Todd Burns and Andrew Volz for NAIOP.

The potential for artificial intelligence (AI) to transform businesses, industries and society has been mounting for decades, but recent advancements have moved the science from niche to mainstream. The technology’s proficiency in writing, drawing, coding and composing has driven corporate leaders to consider both the opportunities and threats that AI presents for their future.

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AI Applications in the Built Environment

Originally published on October 20, 2023, by Pamela Jew for NAIOP.

With ChatGPT suddenly mainstream, artificial intelligence has become a hot topic with the ability to disrupt any and every industry it touches. The commercial real estate industry is not excluded from this disruption, but the implementation of AI in the space leaves a lot yet to be discovered.

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High-tech Solutions to Keeping Chocolates Cool at an Atlanta Cold Storage Facility

Originally published on October 16, 2023, by Kathryn Hamilton, CAE for NAIOP.

A 1.5 million-square-foot cold storage facility an hour south of Atlanta sits unassumingly among farmlands and other distribution warehouse facilities containing everything from mattresses to salad dressing to office supplies. Inside its doors though, racks and rows of premium chocolates are stacked high in an international chocolate producer’s distribution facility for the Southwest.

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The Future of Electric Vehicle Charging: A Guide for Commercial Real Estate Developers

Originally published on July 27, 2023, by Trey Barrineau for NAIOP.

Electric vehicle (EV) use is accelerating, and commercial real estate owners can reap significant benefits from installing EV charging infrastructure at their properties. A recent NAIOP webinar explained how EV charging station implementation can attract and retain tenants, improve the property’s environmental score and generate new revenue streams.

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Leveraging Data Science and AI in CRE Investment Strategies

Originally published on June 9, 2023, by Natalie Fidlow, CFA for NAIOP.

“[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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The Logistics Building of the Future

Originally published on June 8, 2023 by Brielle Scott for NAIOP.

At NAIOP’s I.CON East: The Industrial Conference today, attendees explored the logistics building of the future, as designed and imagined by Matt Brady, LEED AP, architect and executive vice president, and the team at Ware Malcomb.

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California’s Title 24 Introduces New Solar Requirements for CRE

Originally published on May 11, 2023, by Brielle Scott for NAIOP.

California’s Title 24, the state’s energy code, has required solar for all low-rise multifamily projects since 2016, but new provisions have gone into effect this year, impacting any projects permitted since Jan. 1, 2023.

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Cutting-edge Manufacturing Facilities Offer Glimpses of the Future

Originally published by Marie Ruff for NAIOP E-Newsletter.

The next phase of advanced manufacturing innovation is ready for launch in the Long Beach region of California. Attendees of NAIOP’s I.CON West were able to go behind the scenes on a project tour of cutting-edge advanced manufacturing facilities in Douglas Park, an industrial, retail and hotel center that spans more than 260 acres adjacent to the Long Beach Airport.

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Mitigating Environmental Risks in Life Science Leases

Dangerous chemicals and infectious diseases are among the many hazardous materials that are handled inside life science facilities. Getty Images
By Michael Pollack

A lot of hazardous material passes through these facilities, so caution is necessary.

Life science industries span a range of uses — clinical research and trials; biologics; medical devices; pharmaceuticals; vaccines research, development, manufacturing, and distribution; plant and animal technology; and veterinary products, to name just a few. Leases for life science facilities can present unique challenges and considerations for building owners. Besides the particular demands life science uses place on electrical capacity, HVAC, floor loads, and waste removal, the activities within these facilities can pose many other risks.

Inherent in many life science facilities is the utilization, storage, and/or distribution of hazardous or toxic materials under applicable environmental laws. Of course, most common leases will contain standard indemnification clauses allocating responsibility to the tenant for losses resulting from its activities. 

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Industrial Space Demand Forecast, Third Quarter 2022

NAIOP research

By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary
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The Unexpected Challenges (and Solutions) of Multilevel Warehouse Design

Costco
  • By Russ Hazzard, Jonathan Chang, Development Magazine (photo of Vancouver, B.C. Costco by Raef Grohne)

Experiences in Canada and Asia provide case studies for building these complex properties.

Over the past 15 years, multilevel warehouses — particularly those used for retail purposes — have been a growing trend across Asia and, more recently, in the United States. However, some challenges accompany their design and construction that are not encountered in the traditional approach to large-format retail. With operational criteria at the top of the list, these challenges vary heavily based on several factors, including location, footprint, environment, jurisdictional requirements, and cultural and community influences.

The increase in demand for and construction of multilevel warehouses has unearthed numerous unique considerations not present in traditional warehouse environments. These challenges — each intricate in their own right — have required creative solutions and careful programming to successfully bring each project to life.

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