Measuring Commercial Real Estate's Impact

Construction and development of commercial real estate generates significant economic benefits throughout the U.S. and Canada.

Release Date: January 2023

Economic Impacts of Commercial Real Estate, 2023 U.S. Edition

Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.

Read the Report State Reports

Release Date: August 2022

Economic Impacts of Commercial Real Estate in Canada, 2022 Edition

The NAIOP Research Foundation commissioned this report to examine the economic benefits of commercial construction across four distinct CRE asset classes, namely industrial, retail and entertainment, office, and multifamily housing during 2021. The report also describes the benefits of commercial brokerage, property management and landlord operations.

Read the Report Province and City Reports