Articles About Development

As 2022 begins, office real estate is looking very different.

Businesses are modernizing their industrial operations. “Last-mile” locations, or warehouses near population centers, are in demand and so are robots that improve throughput.

Architects are challenging notions of what an office is—blending domestic, geological and topographical elements with professional mainstays.

Manufacturing is experiencing a paradigm shift. As American consumers find it harder to obtain foreign-made products because of global supply-chain issues, businesses are reconsidering the benefits of having factories outside of North America.

With industrial demand remaining high during the pandemic, businesses need more space for manufacturing and distribution.

Phoenix and Chicago were #7 and #16 on Wealth Management’s “Top 20 Markets for Office Rent Growth.” With flagship office developments in both markets, Alter has seen a spike in activity over the last year. In Phoenix, office rent growth from second quarter of 2019 to second quarter of 2021 was 8.3%. This even exceeds […]

Our company was pleased this Spring to announce a 101,900 SF corporate headquarters for Nextiva, Inc., one of the nation’s largest business communications companies.

What does the changing of the guard within America’s workforce mean for the office market? Firstly, the retirement of the largest generation in history – the Baby Boomers at 80 million – has caused some to resign themselves to the fact that we will be needing less office space. But the reality is more complicated because people are working into their retirement years: the raw numbers say that, as of 2016, nearly 9 million people aged 65 or older were still on the job.

American companies ordered more heavy machinery, computers and other long-lasting manufactured goods in September, an encouraging sign for the shaky economy.  The increase in demand for these durable goods suggests businesses are staying with investment plans, despite slow growth and a lack of consumer confidence. Durable goods are products expected to last a minimum of […]

In the nearly 10 years since the 9/11 tragedy, the site that once seemed impossible to redevelop is very much alive.  The World Trade Center redevelopment and the electrifying changes going on in Downtown New York City — 56,000 new residents (doubled that of before the attacks) and 300 new tenants (since 2005) must be […]