NAIOP has recognized a senior project scientist with Langan Engineering & Environmental Services as a recipient of its 2023 Developing Leaders Award.
Investment firm Faropoint is using artificial intelligence to generate new insights on properties, improve its underwriting and support its growing industrial platform, providing a glimpse at a technology that is far from perfect but primed to disrupt commercial real estate in the years to come.
New Jersey’s fast-growing film and television industry has created a boom in studio construction and a new market for commercial spaces that can serve as set locations, as state officials take new steps to help more municipalities reap the benefits.
Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.
Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.
A host of new technologies and other innovations are poised to transform the design and construction industry, experts say, but come with hurdles tied to adoption and integration.
In a year of headlines dominated by the pandemic, financial crisis, racial justice movement and climate change-induced natural disasters, a new report can help local, policymakers understand the challenges we must face and the emerging opportunities we cannot afford to squander.
While there has been some gradual improvement in commercial real estate deal activity from earlier this year, nearly half of those taking part in a recent NAIOP survey believe the pandemic will significantly affect their business operations for at least another 12 months.
The race to attract quality labor has led industrial developers and users to focus increasingly on wellness-oriented design and features, but that shift has become all the more important in recent months as occupiers look to keep employees safe from COVID-19.