Space Demand Forecasts

Industrial Space Demand Forecast

Industrial Space Demand Forecast

The Industrial Space Demand Forecast for the U.S. is issued quarterly by NAIOP and is based on an accurate model. The Forecast assists developers and investors to make more prudent decisions about the timing of new development projects.

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Office Space Demand Forecast

Office Space Demand Forecast

The U.S. office market net office space absorption in the fourth quarter of 2022 is forecast to be 7.1 million square feet, with absorption in 2023 forecast to slow to 8.1 million square feet for the entire year. Moving forward, the forecast projects that absorption in the first three quarters of 2024 will total 13.3 million square feet.

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