Commercial Property Executive

Welcome back to Sustainability Street, our podcast on theintersection of commercial real estate and the world we live in. For this episode, I'm talking about brownfield remediation with David Greek, managing partner of Greek Real Estate Partners. Based in New Jersey, the nation's densest state, Greek iswell-versed in turning remnants of the past into real estate opportunities for the future. And, while there are state incentives for cleaning up contaminated sites, he said the best driver for remediation is the market. That's why brownfields are having their moment. As thedemand for industrial real estate has boomed in recent years, more developers have turned to brownfields to unlock development sites.  "While the Brownfields program in New Jersey has beenaround for a long time, a lot of uptick in the remediation activity only really occurred when the value of the underlying real estate justified it," Greek said. Here are some of the topics we covered: * Third-generation developer (1:18) * Remediation as a necessity in New Jersey (6:54)    * What's driving brownfield demand nationally (10:49) * The national picture (13:03)  * Case in point: Linden Logistics Center (14:16) * Incentives vs. market forces (20:16) * The New Jersey model for remediation (23:16) * Managing brownfield risk (29:06) * Brownfields and the Trump-era EPA (33:00) * How to learn more about brownfields (36:09)

Commercial real estate investment inquiries have improved to their strongest level since early 2022 in the first quarter of the year, despite growing concerns about the impact of the tariffs imposed by the Trump administration, according to the latest Global Commercial Property Monitor released by the Royal Institution of Chartered Surveyors in London. The same survey found that credit conditions are improving to some degree, though the pace has slowed down. Tariffs are clearly dominating the business news, and the related uncertainty has been reflected in a sharp pullback across the financial markets, although these have settled down a little bit following the 90-day pause that was announced. CPE's Laura Calugar and RICS Senior Economist Tarrant Parsons discuss the latest data on CRE sentiment in this podcast episode.

Happy Earth Day and welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. For this episode, I'm taking listeners beneath the earth's surface to reveal the potential for geothermal energy in commercial real estate. Joining me for this episode is CPE Senior Associate Editor Anca Gagiuc, our lead climate and energy reporter [https://www.multihousingnews.com/geothermal-is-gaining-underground/]. We discuss geothermal's advantages over other renewables and how forces, including the backing of President Trump, are aligning to increase geothermal investment and exploration. " Geothermal energy is accessible, it's widespread and has always been there," Gagiuc said. "Somehow it feels like it's the energy industry's massive overlook." Here are some highlights of our conversation: * President Trump's favorite renewable (1:31) * Accessing geothermal (5:08) * What's driving geothermal in CRE (8:52)  * Geothermal for data centers? (12;57) * Geothermal in urban environments (15:18) * Action plan for geothermal

For the first episode of the CREW Up podcast series in 2025, CPE Senior Editor Laura Calugar spoke with CREW Network’s Cindy MacMillan. As president of the organization, she has clear goals for the year: help the soon-to-be-elected new CEO to settle in, further expand the organization worldwide, and also oversee CREW's benchmark study on women’s progress in commercial real estate. While discussing women's advancement in the real estate space, MacMillan referred to how the recent disturbance to DEI programs is impacting companies. MacMillan is vice president of asset management at Grosvenor and a member of CREW Vancouver, Canada.

Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. For this episode, I had the privilege of interviewing Juliette Apicella, director of sustainability at Gables Residential, a privately held owner and manager of multifamily and mixed-use properties. I don't cover many multifamily topics on the podcast, but when I heard that Gables was awarded Best ESG Program by our sister publication Multi-Housing News in their Excellence Awards competition, I had to learn more. Apicella is steeped in everything Gable is doing with sustainability—and that's a lot. I think you'll enjoy hearing about the company's solar initiatives, its net zero commitment, efforts to engage residents and more. “Gable's mission is taking care of the way you live," Apicella said. "That means taking care of people and, for the company, that extends to being a good steward to the environment in which we live."  Here are some of the topics Apicella and I discussed: * The making of a sustainability director (2:39) * Future-proofing properties (5:36) * Gables' goals (8:19) * Resilience on a number of levels (17:30) * Enter transition risk (19:42) * Split incentive residential-style (26:50) * Enlisting tenants in sustainability (29:04)