“Exploring the New Sharing Economy,” a white paper recently released through the NAIOP Research Foundation provides insight on an emerging paradigm shift. Various definitions and terms (peer economy, collaborative consumption) have been used to describe this type of system, but as a recent addition to Merriam-Webster dictionary, a sharing economy is “economic activity that involves individuals buying or selling usually temporary access to goods or services, especially as arranged through an online company or organization.”
The paper was researched by John Madden, director of sustainability and engineering campus + community planning at the University of British Columbia, on behalf of Light House Sustainable Building Centre. NAIOP, the Commercial Real Estate Development Association, is a leading organization for developers, owners, investors, and related professionals in office, industrial, retail, and mixed-use real estate.
To find out more about the potential opportunities and challenges for commercial real estate, please fill out the form below to access this white paper from NAIOP.
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