For most developers, parking expenses are filed away as a cost of doing business, a fixed line item required to support the real estate around it. On the latest episode of Inside CRE, CREDA President and CEO Marc Selvitelli, CAE, sat down with Sean Glavin, chief technology officer, and Morgan Hurley, chief revenue officer at […]
For decades, architects designing warehouses, distribution centers, and cold storage facilities operated under a simple assumption: grid power is ready when you are. You specified the electrical requirements, coordinated with utilities, and moved on to more pressing design challenges. Power was infrastructure, not something that shaped layouts, square footage, or long-term flexibility. That assumption no […]
Not a day goes by without a story running in a major newspaper, or a segment airing on CNBC’s Squawk Box, regarding the populist backlash against data centers and voter concern with artificial intelligence (AI). Along with the rising price of oil and gas, it is one of the hottest issues heading into the midterm […]
Higher interest rates. Tighter capital markets. Slower development. For much of the multifamily sector, today’s environment has meant caution. But for Bob Hart, president and CEO of TruAmerica Multifamily, it’s meant something else: opportunity. On a recent episode of Inside CRE, Commercial Real Estate Development Association (CREDA) President and CEO Marc Selvitelli, CAE, sat down with Hart to unpack how his firm has continued acquiring and operating multifamily […]
Most conversations in industrial real estate start with the building – where to site it, what it costs, how fast it can be delivered. A session at CREDA’s I.CON Cold Storage this week moderated by Eric Brown, president of ALTA Refrigeration, took the opposite approach, asking what the operation itself demands before the building is considered. Brown was joined by […]
Last month, Commercial Real Estate Development Association (CREDA) President and CEO Marc Selvitelli came to Sacramento to work directly with California Business Properties Association (CBPA) members and the CREDA California Council in our state advocacy work. CBPA serves as the voice for all aspects of the commercial retail, industrial and real estate industry in California, with over 10,000 members. The CREDA California Council (formerly NAIOP of California) is the umbrella organization for all six California chapters that have […]
Cold storage development requires close coordination among developers, owners and contractors. At CREDA’s I.CON Cold Storage conference in Dallas, a panel of five experts offered their best practices for cold storage project teams. Moderator Don Tuttle, director of cold storage at Scannell Properties, is a developer who started out as a general contractor. Having worked with all five members of the panel, he hand-selected the group to […]
As cold storage developers navigate a market that has shifted from rapid speculative growth toward more selective development, two approaches are emerging as practical ways to meet demand: adapting existing industrial buildings and developing highly customized facilities for users with specific operational needs. At a session at CREDA’s I.CON Cold Storage this week in Dallas, moderator Steven Majich, managing director […]
Cold storage development rarely follows a straight line from concept to completion. Tight timelines, specialized infrastructure, evolving end-user requirements and challenging existing conditions can create significant risks – and opportunities – throughout the development process. At the CREDA I.CON Cold Storage conference this week in Dallas, the “From Paper to Project Case Studies: The Construction Room” session examined two cold […]
