Your source for construction industry news in the Carolinas
Commercial real estate leaders expect industry conditions to worsen slightly over the next 12 months, according to the Commercial Real Estate Development Association (CREDA) CRE Sentiment Index for fall 2026. Rising interest rates and construction costs are outweighing a stronger outlook for rents and occupancy. The index fell to 48 from 52 in March 2026. It…
For the second year, the NAIOP Research Foundation has published the NAIOP Market Monitor, which evaluates office and industrial real estate markets using a two-dimensional analysis based on a metropolitan market’s size and its relative volatility – a departure from traditional commercial real estate market rankings. Among the key findings this year: An interactive map and…
The International Council of Shopping Centers (ICSC) announced their participation in an industry-wide alliance to foster supplier diversity in the real estate industry. The Commercial Real Estate Diverse Supplier (CREDS) Consortium, made up of seven real estate trade associations, aims to meet growing interest from companies in real estate to further diversify their supply chains while…
Aline Capital has launched a development services division, further adding to their full-service commercial real estate practice. The firm hired industry veteran Clay Driggers to lead the division. Mr. Driggers joins Aline Capital following time as the Director of Development for Hartness Development. During this time, Mr. Driggers oversaw the development of a 450-acre mixed-use community, which…
Contractors, Closers & Connections (CCC) of Greenville will be taking over the Furman Learning Center in Downtown Greenville on January 19, 2023, from 6 p.m. to 9 p.m. to host a private Commercial Real Estate event to highlight one of Greenville’s hottest mixed-use hubs featuring retail, dining, university and office spaces – ONE City Plaza….
Industries are rapidly evolving as business processes grow more interconnected and automated. Data and analytics play an important role in information technologies and their interaction with the physical world, including emerging fields such as artificial intelligence, the Internet of Things (IoT), and virtual and augmented reality. Advanced data analytics gained from these tools can be…
The impact of new commercial real estate development and of the ongoing operations of existing commercial real estate buildings in the United States continues to grow, according to the annual Economic Impacts of Commercial Real Estate, 2022 U.S. Edition, research study conducted by the NAIOP Research Foundation. The combined economic contributions of new commercial building development and…
Although business conditions have improved for commercial real estate, according to the most recent COVID-19 impact survey conducted by NAIOP, 86.6% of developers now report delays or shortages in construction supplies — an all-time high since the survey began in April 2020. This suggests that supply chain disruptions may outlast other effects of the pandemic,…
Respondents to a NAIOP tracking survey of the pandemic’s impact on commercial real estate indicate improving rent collection rates, increased industrial investment activity, and a more positive outlook for employment in their firms. Fewer respondents now expect the pandemic will continue to significantly affect their business operations 12 months from now. “We are encouraged that there is…
Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, “The Economic Impacts of Commercial Real Estate, 2021 U.S. Edition,” published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and…
