Mark Your Calendar
The Great Resignation: Talent Recruitment & Retention Strategies in CRE
This past year has seen a dramatic increase in resignations and employees exiting the workplace completely. The Great Resignation has affected all industries – including commercial real estate. Join NAIOP for this in-depth program to hear: Â
- The root causes of the current labor shortage and what it means for the commercial real estate industry
- What employees are seeking from employers and how companies should be planning for the future
- Best practices for retaining employees and recruiting the best talent
- How the lack of affordable and accessible childcare is prompting parents to leave the workforce
November 4 | 12:00 - 1:00 PM
Omni Boston at the Seaport: Site Tour, Developer Panel & Cocktail Party
Be the first to check out the new Omni Boston Hotel at the Seaport with this celebration bringing together leaders in commercial real estate. The event begins with a guided tour of this exciting new addition to Boston's hospitality scene, which includes an art gallery, and seven restaurants.
Attendees will then gather at Lifted, the hotel's open-air rooftop restaurant, for a cocktail reception featuring a discussion with the development team. They will discuss how the hotel became the first project built under the 'Massport Model', which sets a new standard for diversity and inclusion in development projects. Space is very limited.
November 10 | 4:00 - 7:00 PM
Feature Blog Posts
Lab, Life Science Space Will Only Drive Our Recovery If Nurtured
The demand for lab and life science space is driving construction all over the commonwealth, and there’s no slowdown on the horizon. Existing vacancies in Boston are at 1.1 percent and the larger market is hovering at 2.5 percent. This lack of supply has caused pricing to skyrocket where other sectors of commercial real estate have stalled. As one example, rents in Watertown hit levels comparable to Kendall Square’s pre-pandemic rents earlier this year. While new construction and lab conversions are up, prices remain high, as demand continues to exceed supply. The majority of new space coming online in 2022 is already committed.
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NAIOP Massachusetts Welcomes Danielle Allard
NAIOP Massachusetts, The Commercial Real Estate Development Association, is excited to welcome Danielle Allard as its Director of Programs & Events. Danielle will ensure ongoing programmatic excellence and will work to provide new offerings that refresh and strengthen NAIOP’s events, educational courses, and professional development opportunities.
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Opinion: The Future of Work Report Misses the Mark
But there is a big miss in McKinsey’s report. It’s no secret that office space was hard hit by the pandemic — walking in downtown Boston for the past year has been more akin to walking in a ghost town. But McKinsey’s topline conclusion that the demand for office real estate may fall as workers spend more time in residential areas due to hybrid work, uses employer and employee data from before vaccines were available to everyone, and conflates a hybrid work-schedule with the need for less physical space.
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Corporate Members
