Commercial Investment Real Estate March/April 2019 | Page 4

PRESIDENT’S D ESK In the Zone T he ongoing mission of CCIM Institute is to elevate our members to the highest levels of success in the commer- cial real estate profession. We do that in many ways, one of which is by creating opportunity for CCIMs across the globe — everything from our premier educational offerings, to the findaccim.com online directory, to our official publication in your hands now, just to name a few. The institute is devoted not only to helping you identify opportunities across all prop- erty types and regions, but also arming you with the latest best practices and expert intelligence to ensure you maximize each and every one of them. This issue of Commercial Investment Real Estate magazine is focused on getting you in the opportunity zone — both figuratively and, thanks to the Tax Cuts and Jobs Act of 2017, literally. Industry experts compare the pros and cons of the opportunity zone and 1031 tax-deferred exchange programs, com- plete with an insightful developer and investor perspective. The cover story explores trends and the state of the office invest- ment market. Investors are exhib- iting a healthy appetite to acquire office assets, even as they face chal- lenges such as soaring construction costs, disruptive technologies, and expansion of coworking. In the retail sector, we examine two fascinating trends: can- nabis stores and experiental retail. You’ll learn the impact of each on the industry and where they’re headed. Rounding out this edition, CIRE takes a deep dive into the growing resurgence of modular multifamily construction. In short, there’s no lack of expert intelligence and real-world exam- ples to help put you on the path to success this year. It wouldn’t be an issue of CIRE without the Deal Makers column, a celebration of CCIMs who were very much in the zone by closing deals of $3 million or more. Cheers to them and to all of you — may you seize every opportunity in 2019. Life with The Pin CCIM Institute provides its members with the most sophisticated knowledge, technology, and operational platform to power their business CCIM Membership Benefi ts: Lifelong Learning Free and discounted courses covering crowdfunding, big data, and more STDB The industry’s best digital toolkit for market analysis FindaCCIM.com and CCIM Connect An exclusive global network for business and industry intelligence Commercial Investment Real Estate Magazine The award-winning publication that covers market trends and innovations Affi nity Provider Program Exclusive discounts on travel, tech tools, printing, and more DealShare A database of listings not found anywhere else Experience life with the pin. Visit www.ccim.com/benefi ts Barbara Crane, CCIM 2019 CCIM Institute President [email protected] 2 March | April 2019 COMMERCIAL INVESTMENT REAL ESTATE