Slow Rebound in Office Space Demand Expected in 2024
NAIOP Research Foundation Releases Office Space Demand Forecast, Download: naiop.org/officedemand With a recession now appearing to be less likely than had been predicted and employment growth continuing, the NAIOP Research Foundation’s Office Space Demand Forecast predicts a gradual rebound in leasing activity. Net office-space absorption in 2024 – the amount that is leased or occupied less the…
NAIOP DEI Strategic Pillars: New Committee on DEI
2023 NAIOP Chair Kim Snyder and the NAIOP Board of Directors are proud to announce the adoption of its Diversity Equity and Inclusion (DEI) policy statement by NAIOP, the Commercial Real Estate Development Association. During the board meeting on October 17, held as part of NAIOP’s CRE.Converge conference in Seattle, the board unanimously approved the…
EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences
EastGroup Properties, Inc. (NYSE: EGP) (the “Company” or “EastGroup”) announced today its recent business activity. Commenting on the Company’s activity, Marshall Loeb, CEO, stated, “We continue to be pleased by both the strength and resiliency of the Sunbelt, shallow bay industrial market. Operationally it’s been a positive, steady year in an unsteady capital markets environment. Given the volatility in…
Hybrid Work and the Future of the Office: New NAIOP and CBRE Report Examines How Tennat Preferences are Reshaping the Office Market
As companies and employees absorb the lasting changes in work patterns brought by the pandemic, office occupiers are seeking out well-located buildings with amenities that lower the burden of commuting to work, according to a new report, Hybrid Work and the Future of the Office, published by the NAIOP Research Foundation in conjunction with CBRE….
NAOIP Industrial Space Demand Forecast: Outlook Bright
The outlook for the industrial real estate market remains bright, despite rising interest rates and the growth of new space being developed, according to the latest NAIOP Industrial Space Demand Forecast, released today. Low vacancy rates will continue to support growth in rents and property values. The current forecast has been revised upward from August…
NAOIP: Commercial Real Estate Vital to the Overall Economy; Industrial Sector Leads and Retail Stages a Comeback
The impact of new commercial real estate development in the U.S. continues to grow, according to the annual Economic Impacts of Commercial Real Estate research study conducted by the NAIOP Research Foundation. The combined economic contributions of new commercial building development and the operations of existing commercial buildings in 2022 resulted in direct expenditures of $826.9 billion…
Lowe’s Sets Goal to Reach Net-Zero Emissions across Scopes 1, 2 and 3 by 2050
Company’s net-zero roadmap focuses on reducing impact of its value chain, increasing product efficiency and transitioning to renewable energy sources Lowe’s today announced its goal to reach net-zero emissions across the company’s scope 1, 2 and 3 greenhouse gas emissions by 2050, in accordance with guidelines from the Science Based Targets initiative (SBTi), the global body enabling…
NAIOP Examines the Role of Data in Commercial Real Estate Development
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…
NAIOP Examines the Role of Data in Commercial Real Estate Development
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…
NAIOP: Commercial Real Estate Impact on U.S. Economy Grows
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…
