North America’s first mass timber constructed warehouse in Brampton, Canada, was profiled at NAIOP’s CRE.Converge conference this week in Toronto. Bulit by Prologis, the 246,000-square-foot facility was made using glued-laminated timber columns and beams, three-ply cross-laminated timber roof panels and SIN beams.
When it comes to the movement of capital, the current sentiment is a selective, more cautious approach to real estate investing compared to the previous low-interest environments just three to five years ago. This was the consensus of a panel of experts at NAIOP’s CRE.Converge this week in Toronto.
The workday often begins on a parking ramp, not a lobby. That roll under the gate decides a lot: does it feel easy and welcoming, or like one more hurdle in the day? At CRE.Converge 2025 in Toronto, a panel led by Matt Williams, executive vice president at Impark, made a simple case: treat parking like a guest experience and a business lever, not a utility.
People don’t remember square footage. Instead, they remember familiar baristas and quick, passing hellos that turn into plans. Build for those scenes and the places weave into the neighborhood, creating a second home that holds value because people use it.
A recent Wall St. Journal article reported that the U.S. industrial real estate sector has struggled for the past three years, reaching an 11-year high of 7.6% nationally – causing owners, investors and developers to take pause. But the numbers don’t always tell the full story. In fact, many U.S. industrial real estate markets are reverting to their historically healthy levels of supply and demand.
Discover how to unlock the hidden carbon footprint of building materials with Environmental Product Declarations. It’s one of the most valuable tools we have in understanding embodied carbon, but in a world saturated with sustainability acronyms, it’s easy to get lost. Learn more about the metrics that matter and how to use this tool for sustainable development.
The recent passage of the One Big Beautiful Bill Act of 2025 introduced new provisions allowing 100% rapid depreciation not only of equipment, but also of production and manufacturing facilities. This is a notable expansion beyond the 2017 Tax Cuts and Jobs Act, which limited this benefit to equipment alone. By broadening the scope of eligible assets, the legislation aims to catalyze domestic production, reshape supply chain dynamics, and significantly reduce effective corporate tax rates. As a result, it is expected to spark a wave of industrial development across the country.
Walk into any design meeting today and you’ll likely hear the word decarbonization. Among many strategies, it’s become a key focus in the building industry’s response to climate change. But what does it actually mean for the spaces we build? More importantly, how do we turn broad climate goals into specific, measurable actions, especially when much of a building’s emissions are released before the lights are ever turned on?
For commercial real estate, artificial intelligence in the physical world is the blend of mechanical systems, infrastructure and robotics, enabling buildings to sense, analyze and act without human intervention. This shift isn’t incremental – it’s transformational, opening a new chapter where buildings are not just smart but self-optimizing, self-maintaining and even self-patrolling.
Commercial real estate professionals – developers, investors, contractors, site selectors and service providers – are beginning to harness AI’s potential to enhance decision-making, improve project outcomes and mitigate risk. Those that strategically integrate AI into capital project planning and execution will gain a significant competitive advantage.