NAIOP Raleigh Durham

Republicans and Democrats in Congress worked together to introduce bipartisan legislation furthering one of NAIOP’s top legislative priorities. The Revitalizing Downtowns and Main Streets Act (H.R. 9002) was introduced last Thursday with 12 original cosponsors: six Republicans and six Democrats, all members of the tax-writing House Ways and Means Committee. Click the link below to read more about the Revitalizing Downtowns and Main Streets Act https://lnkd.in/eYRFNGDt

A bill that NAIOP and its members spearheaded was introduced yesterday in the U.S. House of Representatives. The “Revitalizing Downtowns and Main Streets Act” establishes a new 20% tax credit to make possible conversion of many underutilized or vacant commercial properties to residential use. The bipartisan bill is sponsored by U.S. Representatives Mike Carey (R-OH) and Jimmy Gomez (D-CA). https://lnkd.in/eMqZued5

Save the Date for the 2024 NAIOP Raleigh Durham Mayoral Forum. Make plans to join us on Wednesday, October 23 to hear what the Raleigh Mayoral candidates have to say about their vision for economic growth and discuss real estate's most pressing issues. Registration opening soon!

Happy Fourth of July. The NAIOP Raleigh Durham office will be closed Thursday, July 4th and Friday, July 5th in observance of the holiday. We hope everyone has a fun and safe holiday weekend!

This morning, I had the pleasure of attending the NAIOP Raleigh Durham Developing Leader Series Mentor Breakfast at the new Lee & Associates office in Cary, representing Iron Box Power Distribution. The event featured Karah Jennings McConnell, Executive Vice President and Principal at Lee & Associates, as our mentor. Lee & Associates is a powerhouse in various sectors, including industrial, office, land, retail, supply chain and logistics, and data centers. 🌟 It was fantastic to connect with fellow NAIOP members from diverse industries such as civil engineering, development, architecture, private equity, and telecommunications. Karah’s extensive experience and insights into the growth of RTP and NC, along with the challenges and opportunities in each sector at Lee & Associates, were incredibly valuable. Some of the key takeaways from Karah’s discussion: - The importance of leveraging corporate and research experience for effective business development. - The value of networking and collaborating with multiple industries to successfully bring a project together. - Insights into the growth potential and challenges within RTP and NC. - Understanding sector-specific opportunities at Lee & Associates. A big thank you to Karah for sharing her knowledge and to NAIOP for organizing such an insightful event! Looking forward to applying these learnings and continuing to grow alongside such an inspiring community. 👏 🚀 #NAIOP #Networking #Mentorship #CommercialRealEstate #IronBoxPowerDistribution #ProfessionalGrowth

Yesterday was a beautiful day for the NAIOP Raleigh Durham new member social. These smaller gatherings are a great way to meet other new members in a smaller setting. On the fence about joining NAIOP or coming to a new member social??? Don't be! They're a ton of fun. Our next new member social will be in August. I hope we see you there!

Please welcome our newest NAIOP Raleigh Durham members Valerie Bono, Mike Brewington, Garrett Frank, PE, PLA, Grandin Howell, and Garrett Otten, P.E. Connect with them on LinkedIn and welcome them to NAIOP!

NAIOP members from all three NAIOP NC Chapters met with nearly 30 lawmakers and/or their staff during the NAIOP NC Advocacy Days on June 10 & 11. This also included a delegation, representing NAIOP of North Carolina, meeting with Senate President Phil Berger and House Speaker Tim Moore. Like many other states, the North Carolina legislature is grappling with the passage of a new budget before the start of the next fiscal year. Many of NAIOP of North Carolina’s 2024 priorities, such as support for the Job Development Investment Grant program, will be impacted by the new budget. The advocacy day at the state capitol and these latest developments on budget negotiations underscore the importance of our North Carolina chapters remaining engaged and participating in the legislative process. Our advocacy is making a difference for commercial real estate and economic development in the Tar Heel state. Read more about the 2024 Advocacy Days here: https://lnkd.in/dhariJDM

NAIOP Members Free Webinar: State and Local Policy Trends Impacting CRE on Tuesday, June 25th at 2PM. Click the link below to register Debates that begin at the local level often lead to broader state legislative and regulatory efforts, and can give momentum to similar efforts in other states and jurisdictions. This webinar will focus on policy trends being debated in multiple jurisdictions that could impact commercial real estate, including building performance standards, adaptive reuse incentives, permit reform efforts, and prohibitions on foreign ownership of property. https://lnkd.in/eKEya4Qv

New Members, NAIOP Leadership, and NAIOP Committee members, please join us at the New Member Summer Social on June 26th at Sports and Social in Cary. Click the link below to sign up! https://lnkd.in/eRAvgzFh