NAIOP leaders from across the country and Canada headed to the Chapter Leadership & Legislative Retreat in Washington DC this February to discuss NAIOP’s Federal Agenda with our Senator’s and Representatives. Attendees from the Triad included Legislative Chair Richard Beard, Past President Rick Dehnert, President Elect Paul Williams, and President Mark Dunnagan. To learn more about NAIOP’s position on Tax Reform, Infrastructure & Transportation, and Capitol & Credit Availability, visit http://www.naiop.org
Such a cool meeting today at Red Cinemas listening to Marty Kotis Kotis Properties discuss upcoming features for “Midtown” Greensboro. Attendees got to experience the Midtown vision in the virtual reality theater. Greensboro has some big transitions coming – can’t wait to see the developments.
The Economic Developer Panel today was enlightening! A great luncheon covering collaborative efforts fore regional growth, positive attributes of the Triad, company recruitment, and much more. Thank you to Carolina Investment Properties and Wells Fargo for sponsoring. Ollie Chandhoh, Publisher of the Triad Business Journal did a fantastic job moderating the lively discussion.
The annual NAIOP Economic Impacts of Commercial Real Estate report is conducted for purposes of estimating the annual economic contribution of commercial real estate development to the U.S. economy. Highlights from the 2016 report include:
- Commercial real estate development supported 3.2 million U.S. jobs in 2015 (a measure of both new and existing jobs).
- Commercial real estate development contributed $450 billion to U.S. GDP.
- There were 429.4 million square feet of commercial real estate space built in 2015, with capacity to house 1.1 million new workers.
Read the Economic Impacts of Commercial Real Estate, 2016 Edition online, and learn more about how you can support the work of the NAIOP Research Foundation.
The full report includes detail by product type and impact on state economies. Read the full report.
We had a great crowd join us for the June 22, 2016 NAIOP Piedmont Triad Luncheon. Stan Kelly, CEO, Piedmont Triad Partnership, shared some great information on job growth in our region. Click here to view his presentation. Thank you to our event sponsor Pilot Environmental. We look forward to seeing you in August.
NAIOP members gave back to the community by volunteering their time on Monday, May 23, 2016 to help BackPack Beginnings to help them with their mission is to provide children in need with nutritious food, comfort items or certain basic necessities through the use of backpacks and other efficient means. Photos compliments of NAIOP member Madison Ridge-Canoy, US Lawns.