{"id":1004526101,"date":"2021-05-05T04:30:05","date_gmt":"2021-05-05T12:30:05","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004526101"},"modified":"2021-05-20T23:15:18","modified_gmt":"2021-05-21T07:15:18","slug":"april-2021-must-reads-cpe","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/april-2021-must-reads-cpe\/","title":{"rendered":"CPE\u2019s April 2021 Must-Reads"},"content":{"rendered":"

\"\"<\/a><\/p>\n

President Biden\u2019s $2.3 trillion infrastructure plan and its\u00a0commercial real estate implications<\/a> were top of mind at the beginning of last month. Industry experts agree that, while there may be some concerns about the plan, it\u2019s going to significantly bolster regional infrastructure projects such as The Gateway rail tunnel project between New York City and New Jersey. Later in the month, Yardi Matrix\u2019s Paul Fiorilla dissected what the proposal would mean for the industry<\/a>.<\/p>\n

As the pandemic accelerated the rise of e-commerce, industrial real estate continues to see upticks in both development and transaction activity. Last month, we sat down with Stream Realty Partners\u2019 Sarah Ozanne<\/a> to discuss the Dallas industrial boom<\/a>. Meanwhile, Colliers International\u2019s Chris Sheehan detailed what to expect from the Greater Los Angeles industrial market<\/a> this year. On that last note, we should mention that the Inland Empire has witnessed a handful of new developments announced in April, as well as big-dollar deals. These include Stirling Development and Prologis\u2019 massive build-to-suit facility<\/a>, Shopoff Realty Investments\u2019 1.8 million-square-foot project<\/a>\u00a0and CalSTRS\u2019 acquisition of an 11-building industrial portfolio<\/a>.<\/p>\n

But the industrial market\u2019s boom has not yet reached its peak, with AIG\u2019s real estate investment arm purchasing an 8.6 million-square-foot portfolio in a record $1 billion deal<\/a>. And one area of the industry that is expected to see a rise in demand is the urban micro-fulfillment centers<\/a> sector, which we\u2019ll continue to keep an eye on. Kroger is a case in point, as the grocery giant will open its first automated Customer Fulfillment Center<\/a> near Cincinnati, with additional facilities set to debut throughout the country.<\/p>\n

Another sector further bolstered by the COVID-19 health crisis is the life sciences industry. This April, IQHQ and Meredith Management have kicked off their Fenway Center project<\/a>, a $1 billion campus in Boston. Oxford Properties Group purchased a 402,700-square-foot asset at the boundary with Emeryville and Oakland, Calif., converting part of the property to life sciences and lab infrastructure<\/a>. What\u2019s more, BioMed Realty is set to expand its Emeryville Center of Innovation<\/a> campus with the addition of 265,000 square feet.<\/p>\n

Here are CPE<\/em>\u2019s must-reads for last month:<\/p>\n

Watch These \u2018Global Emerging Trends,\u2019 Say ULI and PwC<\/h2>\n
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Leading executives from the U.S., Europe and Asia discuss the newly released report.<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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The 3 Green Building Legislation Trends You Need to Know<\/h2>\n
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Here are the biggest changes taking place across the country, according to Anneli Tostar of Longevity Partners.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Architects Share Visions of the Workspace\u2019s Future<\/h2>\n
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Experts from four leading Manhattan-based firms weigh in on the pandemic\u2019s impact and the changes that are likely to persist.<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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NYC\u2019s Office Landscape Is Changing Fast. What\u2019s Next?<\/h2>\n
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A deep dive into the powerful currents shaping the future of the nation\u2019s largest office market.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Brookfield Property Partners Agrees to $6.5B Sale<\/h2>\n
The company is moving closer to going private three months after a non-binding, $5.9 billion offer.<\/div>\n

READ MORE<\/a><\/p>\n

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LEED Zero Projects From Coast to Coast<\/h2>\n
These five standouts earned recognition from the U.S. Green Building Council for meeting net-zero goals.<\/div>\n

READ MORE<\/a><\/p>\n

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Highwoods Commits to $769M Office Buy<\/h2>\n
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The deal includes four core Class A properties in North Carolina and a creative office campus in Atlanta.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Rudin Family to Reposition Iconic Times Square Tower<\/h2>\n
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The 950,000-square-foot high-rise, also known as the Thomson Reuters Building, will undergo a multi-million-dollar transformation.<\/div>\n<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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REIT Leaders Speak Out at NYU Conference<\/h2>\n
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The event offered a rare opportunity to eavesdrop on conversations with Debra Cafaro, Sam Zell, Hamid Moghadam and Barry Sternlicht. Here are the highlights.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n

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Can Phoenix Become America\u2019s Semiconductor Capital?<\/h2>\n
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A close-up of what recent major investments mean for Greater Phoenix and its economy.<\/div>\n<\/div>\n

READ MORE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Catch up with our most important stories, interviews, rankings and analyses from last month.<\/p>\n","protected":false},"author":753,"featured_media":1004526473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,22251,23891,21742],"tags":[48914],"class_list":["post-1004526101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-in-focus","category-national","category-latest","tag-mustreads"],"acf":[],"yoast_head":"\nCPE\u2019s April 2021 Must-Reads - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/april-2021-must-reads-cpe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE\u2019s April 2021 Must-Reads\" \/>\n<meta property=\"og:description\" content=\"Catch up with our most important stories, interviews, rankings and analyses from last month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/april-2021-must-reads-cpe\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-05T12:30:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-21T07:15:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/CPEs-Must-Reads.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Razvan Cimpean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/april-2021-must-reads-cpe\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/april-2021-must-reads-cpe\/\",\"name\":\"CPE\u2019s April 2021 Must-Reads - 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