State Reports

Commercial real estate is on the rise, with increases in spending for new office, industrial and retail development climbing toward pre-recession peaks. This positive trend is projected to gain further strength going forward – good news for the industry and the economies it supports.

In 2012, commercial real estate development – including pre-construction, construction and tenant improvements – contributed an impressive $303.4 billion to the U.S. GDP, yet down from its 2007 peak of $548.7 billion.

A link between the recovery of the development industry and the U.S. economy is well-established. With development spending increasing and the U.S. economy poised for growth, NAIOP advocates for sound fiscal policy that will generate jobs and prolong economic stability.

See how the states rank with cards specific to NAIOP’s chapters in the United States.

The data source is "How Office, Industrial and Retail Development Contributed to the U.S. Economy in 2012" by the NAIOP Research Foundation, October 2013.

Alabama Alabama 
Arizona Arizona 
California Inland Empire 
Sacramento Valley 
San Diego 
San Francisco 
Silicon Valley 
SoCal 
Colorado Colorado 
Connecticut Connecticut/Suburban New York 
District of Columbia Maryland/DC  
Florida Central Florida  
Northeast Florida 
Northwest Florida 
South Florida  
Tampa Bay 
Georgia Georgia 
Hawaii Hawaii 
Illinois Chicago 
Indiana Indiana 
Kentucky Cincinnati/Northern Kentucky 
Massachusetts Massachusetts 
Maryland Maryland 
Maryland/DC 
Minnesota Minnesota 
North Carolina Charlotte 
North Carolina Piedmont Triad 
Research Triangle 
Nevada Northern Nevada 
Southern Nevada 
New Jersey New Jersey  
New Mexico New Mexico 
New York Connecticut/Suburban New York  
New York City 
Upstate New York 
Ohio Central Ohio 
Dayton Area 
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Oklahoma Tulsa 
Oregon Oregon 
Pennsylvania Pittsburgh 
Greater Philadelphia 
Tennessee Nashville 
Texas Houston 
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Virginia Northern Virginia  
Washington Washington State 
Wisconsin Wisconsin