NAIOP Charlotte News
 
NAIOP is the nation’s leading trade organization representing the commercial real estate development industry including industrial, office, mixed-use, retail, multi-family, and related commercial real estate providers. NAIOP Charlotte Chapter offers opportunities for networking, education, advocacy and business exchange. Visit www.naiopcharlotte.org for more information.
 
Upcoming Events
 
M A R
30
Thurs
Save the date for the 2017 NAIOP NC Statewide Conference on March 30-31, 2017 at the Pinehurst Resort.

 
 
Member News
 
We are proud to introduce our new association members.
 
Congratulations to our members for their recent accomplishments. We want your news! Send us updates on your company, job changes, new projects, etc. Send press releases and more information to info@naiopcharlotte.org.
 
NAIOP Charlotte held its annual meeting on Friday, December 2, 2016 at Byron’s South End, where they elected the 2017 Board of Directors.
 
The City of Charlotte is updating their land use policies and development ordinances. This comprehensive effort – Charlotte Place Types & Unified Development Ordinance – will shape the future growth of our city.
 
NAIOP Charlotte hosted its inaugural Battle of the Bands on Thursday, November 10th and it was a hit! Click here to view photos from the Battle. Many thanks to Good Bones, Grievous Angels and Roadkil for their outstanding performances! Congratulations to Grievous Angels who took home the trophy this year!
 
Legislative
 
Charlotte voters overwhelmingly approved three bond referendums, clearing the way for the city to borrow nearly $219 million for transportation, affordable housing and neighborhood improvements.
 
The prospects for a House and Senate conference committee resolving differences between competing versions of broad energy legislation in a lame duck Congress remain challenging because of continuing disagreements on policy and the need for Congress to address other matters in the limited post-election time frame.
 
Earlier this year, the U.S. Supreme Court issued a decision to deny the petition for the writ of certiorari – letting the lower court’s decision stand – regarding San Jose, California’s inclusionary zoning. This decision sets national guidelines for other localities and states to consider in addressing affordable housing concerns.
 
Industry News
 
Job growth in the top 30 tech markets in North America has shifted from a “breakneck” to a “brisk” pace over the past year, according to a CBRE Research report titled “Tech-Thirty 2016,” that measures the tech industries impact on North American office markets.
 
According to CoStar, “zombie” office buildings – those 25,000 square feet or more in size with 90 percent vacancy – are being sought by real estate investors. Over 1,800 of these buildings exist, primarily in markets like Detroit, Northern New Jersey, Dallas/Fort Worth, Chicago and Washington, D.C.
 
At the end of the second quarter 2016, industrial real estate posted its lowest vacancy rate in 16 years, thanks to growth in retail sales, residential construction and manufacturing, according to a new report by Marcus and Millichap titled “Industrial Research Report Second Half 2016.”
 
 
NAIOP Charlotte
1300 Baxter St., Ste. 360
Charlotte, NC 28204
704-940-7383
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Thank you to our 2016 Cornerstone Sponsors
Capstone
Archstone
Bissell Companies | Bohler Engineering | Choate Construction Company | Graycor Construction Company | GreerWalker
InterCon Building Corporation | Rodgers Builders
Foundation
Beacon Partners | Childress Klein Properties | Clancy & Theys
Elliott Davis Decosimo | Horack Talley Pharr & Lowndes
KDC Real Estate Development | Mechanical Contractors
SteelFab | Trinity Capital