Shapiro, Lifschitz & Schram

“We are a small company and they treat us more important than the large firms do – we don’t get lost in their shuffle.”

Reid Liffmann – Partner, Greenebaum & Rose

Carefully Tiptoeing into 2018: A Commercial Real Estate Outlook (NAIOP Market Share)

In an article published Jan. 29, 2018 on the Commercial Real Estate Development (NAIOP) Market Share blog, B.A. Spignardo discusses anticipated trends in the commercial real estate industry this year. She mentions technology’s increasing presence in the industry, stating, “cutting-edge hotels implement ‘smart rooms,’ such that a guest’s experience is customized by the push of a button to specific lighting, heating a media preferences. This trend will trickle down to become more of a norm in the hospitality industry.”

 

While retail development is expected to grow in 2018, Spignardo explains that multi-housing development will slow, as the market heads toward oversupply. “As the year begins, major cities such as Washington, D.C., carefully toe the line so as not to cross into oversupply, which looms precariously close,” she shares.

 

According to Spignardo, the biggest issue facing the commercial real estate industry in 2018 is “suburban creep,” or the movement away from city centers, in large metropolitan areas. “As certain industries look for commercial space in the suburbs, employees look to establish their residential lives closer to their place of employment.” Spignardo states, “combatting suburban creep remains an issue, so that our cities are able to maintain businesses and people within their borders, thus enabling cities to innovate and thrive in 2018.”

 

You may read the full article here.

Did You Know . . .

Members of the SLS trial group have tried in excess of 50 jury trials and 75 bench trials?

The SLS construction group has worked on sports stadiums across the country including Orioles Park in Baltimore and Paul Brown Stadium in Cincinnati?

The SLS construction group has worked on power plant projects across the country?

In 2007 SLS was selected for an Honorable Mention as one of the Best Places To Work in Washington DC?

Ron Shapiro, Steve Schram and Judd Lifschitz have all been selected as SuperLawyers by Law and Politics?

The SLS office building is an historic townhouse constructed in the late 1800s?

SLS has been selected by Martindale-Hubbell as a Preeminent Law Firm?

SLS trial lawyers have argued appeals in the U.S. Circuit Courts of Appeal for the 4th, 5th, 9th, D.C. and Federal Circuit?

SLS trial lawyers have been lead trial counsel in cases in Arizona, California, District of Columbia, Florida, Louisiana, Maryland, New Jersey, New York, North Carolina, Oregon, Texas, and Virginia, - to name just a few?

Virtually all the cases that SLS trial lawyers mediated have been favorably settled at mediation?

The transactional group at SLS was lead counsel on one of the largest, most complex mixed-use projects in downtown Washington, DC involving 4 lenders and 6 property owners?

In appreciation for the outstanding efforts of each of its employees during 2007, SLS gave everyone (attorneys, paralegals, and staff) a 4 day/3 night expense paid trip to Key West, Florida?

The transactional group at SLS has represented tenants in more than 200 retail leases in the Mid-Atlantic region?

Every attorney in the transactional group at SLS has at least 15 years experience?

The transactional group at SLS has represented developers in the purchase, construction, financing and/or sale of more than 75 multi-family apartment projects?

The transactional group at SLS has represented real estate investors and developers with respect to property in Pennsylvania, West Virginia, Delaware, Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, Georgia, Florida, Texas, Tennessee, Michigan and the U.S. Virginia Islands?

Attorneys in the transactional group at SLS have represented eight national banks in commercial real estate loans?

Attorneys in the transactional group at SLS have represented the FDIC, the Resolution Trust Corporation and several banking institutions in loan workout transactions throughout the Mid-Atlantic region?

The transactional group at SLS has represented homebuilders and commercial real estate developers in work-outs of individual loans and also for work-outs of large portfolios involving dozens of properties in several states?

The trial lawyers of SLS have numerous reported decisions to their credit?