Submitted by: Dr. Joshua Harris, University of Central Florida and Dr. Hany Guirguis, Manhattan College
Release Date: August 2014
The NAIOP Industrial Space Demand Forecast gives an efficient, accurate forecast of future and current conditions in the U.S. industrial real estate market for use by NAIOP members and the real estate community. The report helps to understand the linkages between economic and industrial sector activity and the demand for industrial real estate.
Developers may use the data and forecasts to make more prudent decisions on capitalizing and starting new development based on objective measures of future market conditions. This is particularly valuable in forecasting and determining the impending recovery of the industrial real estate market and will thus aide in shortening the lag between actual improvement and the realization of such by market participants.
This full white paper, released January 2011 and available at the Download link below, describes the research and testing behind developing the model.