Key Considerations for Office to Life Science, Medical or Multifamily Conversions Webinar
Recorded On: 05/24/2022
Office utilization has been in recent decline due to the COVID-19 pandemic, while other property types – including life science, medical office and multifamily – are in demand. More favorable market conditions for these property types are leading building owners and developers in many markets across the U.S. to consider converting existing office buildings to new uses. In this webinar, hear from both the author of a recent NAIOP Research Foundation report about the risks and opportunities associated with office building conversions, and architects with experience in these types of conversions who can provide an overview of the key considerations that go into converting an office building to a life science, medical office or multifamily use.
Emil Malizia, PhD, CRE, Research Professor, Department of City & Regional Planning, The University of North Carolina at Chapel Hill
Neal McFarlane, AIA NCARB IIDA, Owner, McFarlane Architects
Steven Paynter, OAA, ARB, Principal, Gensler
Thanks to our sponsor:
Emil Malizia, PhD, CRE
Research Professor, Department of City & Regional Planning
The University of North Carolina at Chapel Hill
- Emil Malizia, PhD, CRE, is Research Professor of City and Regional Planning at the University of North Carolina-Chapel Hill and President of Malizia & Associates, LLC.
- His expertise spans the related areas of regional economic development, real estate development and urban redevelopment.
- His recent activities include helping NCCU’s Business School launch a new real estate program and counseling local development firms on workforce housing.
- He is a member of the American Real Estate Society, American Planning Association, Counselors of Real Estate, International Economic Development Council, National Association of Realtors and Urban Land Institute.
Neal McFarlane, AIA NCARB IIDA
- Neal McFarlane is the sole owner of McFarlane Architects, a mid-sized architectural, planning, and interior design firm that specializes in the design of life science and advanced technology facilities, based in San Diego, California. The firm practices in multiple geographic markets including Los Angeles, San Francisco, Phoenix, and Salt Lake City.
- Mr. McFarlane entered the architectural profession in 1985, working for small, mid-sized, and national A/E firms until he began McFarlane Architects in 2003.
- McFarlane is responsible for the success, design, and management of each project. He personally leads the design and programming of each project and supervises each project manager to ensure the client’s goals are achieved.
- He is licensed in California, Arizona, Utah, and Texas, and has designed more than 12,000,000 square feet of life science facilities including some highly specialized, first-of-their-kind facilities.
Steven Paynter, OAA, ARB
- Steven Paynter’s leadership has been instrumental in the firm’s continued growth in the Toronto market.
- He oversees a studio of 40+ architects and designers with responsibility for projects that span large scale master planning, complex adaptive reuse and repositioning projects, and new, ground-up buildings.
- His leadership within the firm further extends to his role as the Northeast region’s Practice Area Leader for Corporate Office Buildings.
- In this role, Paynter will lead the region’s thought-leadership and market position around the most pressing challenges facing landlords and developers.