Retail Space in the Future: How Technology has Changed the Way We Shop

Winter 2012, Vol. 37, Nos. 2&3 Abstract: The digital world is invading all facets of life, with lasting impacts on how we live now and in the future. Internet shopping is pervasive and incredibly convenient, posing a significant threat to the bricks and mortar stores. With retail vacancies causing concerns in many communities, the future of… Read more

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Using Historical Employment Data to Forecast Absorption Rates and Rents in the Apartment Market

Volume 37, Numbers 2&3 Published: Winter 2012 By Charles A. Smith, Ph.D.; Rahul Verma, Ph.D.; and Justo Manrique, Ph.D. Photo: kryzhov/Shutterstock.com Introduction THIS ARTICLE PRESENTS A STRAIGHTFORWARD TECHNIQUE that can be used by appraisers, consultants, asset managers and others in the field to forecast demand for needed new apartment units and trends in rental rates. The… Read more

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Best Practices in High-Performance Office Development: The Duke Energy Center in Charlotte, North Carolina

Winter 2012, Vol. 37, Nos. 2&3 Abstract: This article explores the financial benefits of LEED-certified office development by reviewing the existing academic research and analyzing the results within the context of the Duke Energy Center in Charlotte, North Carolina. Compelling evidence is presented to support claims that high-performance assets of this type are capable of achieving… Read more

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Selection of the Winning Office Investment Market: Case of Tokyo

Winter 2012, Vol. 37, Nos. 2&3 Abstract: Following the collapse of Japan’s economic bubble in 1991, the country’s economic growth slowed. Since then, the office market has suffered high vacancy rates, and there have been many cases where office buildings have had to be rebuilt. This trend is expected to increase in the midst of a… Read more

“We are made wise not by the recollection of our past, but by the responsibility for our future.” —George Bernard Shaw

Volume 36, Numbers 2 and 3 Originally Published: Fall 2012 By Peter C. Burley, CRE PERHAPS IT IS THE ELECTION SEASON THAT HAS GOT ME thinking about it, I can’t say for sure. But I was, and I remain, a fan of the television series “The West Wing.” And, one of my favorite scenes in… Read more

“Ah, summer, what power you have to make us suffer and like it” —Hal Borland (Editor’s Note)

Volume 37, Number 1 Originally Published: Summer 2012 By Peter C. Burley, CRE Heat takes its toll. We slow our pace, enervated and exhausted. We suffer dehydration. It’s hard to sleep at night. Anxiety levels increase. People get cranky, sullen, unmotivated. I will personally admit to all of those things. This past summer was the hottest on record. In fact, new records were set almost daily. The hottest days, the longest stretches of... Read More