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FedEx warehouse A defunct mall converted to a warehouse in Mesquite, TX shows that assets can be productive again.

DALLAS—As the industry remains uncertain about how an extended trade war could affect the price of new construction, adaptive reuse may be a viable alternative for many developers and investors. In this exclusive, KC Conway, CCIM Institute chief economist/director of research and corporate engagement at the University of Alabama’s Center for Real Estate, examines the new era of adaptive reuse. In a report Conway authored in partnership with the Alabama Center for Real Estate, he says reuse represents the first step to redefine and quantify the adaptation of obsolete commercial properties for new uses as an institutional-grade product category.

GlobeSt.com: Adaptive reuse has been part of the industry conversation for at least the past 10 years. Why have you decided to examine this topic now?

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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