Research Foundation in the News

Research Foundation in the News

Forecasts and research by the Foundation were cited in leading publications in 2022:

CRE ‘Largely Spared’ from Pandemic Recession

“Despite some whipsaw employment numbers – which didn’t prove too detrimental – the construction market in 2021 was ‘largely spared’ from the pandemic recession, according to the annual research study conducted by the NAIOP Research Foundation.” | Feb. 2, 2022

How Dull Suburban Offices Can Be Reactivated with Modern Amenities

“Eighty-seven percent of office landlords said they’re offering classes and other events, including everything from more happy hours to concerts to art installations in lobbies, according to a report by the NAIOP Research Foundation.”
Propmodo | March 15, 2022

How Much Reshoring is Actually Happening?

“Businesses returning production to the United States may find it challenging to locate an available factory. Industrial real estate can expect record absorption through 2023, according to data from the NAIOP Research Foundation.”
Supply Chain 24|7 | April 27, 2022

NAIOP: Industrial and retail real estate sectors will converge

“The pandemic and the ecommerce trends that preexisted it have led to a dramatic confluence of the industrial and retail real estate sectors, according to a new report published by the NAIOP Research Foundation.”
Real Assets Advisor | June 15, 2022

Long-term office outlook appears positive, says insider

“Prepared for the NAIOP Research Foundation by Toronto-based real estate services company Altus Group, Economic Impacts of Commercial Real Estate in Canada (2022 Edition) emphasizes Canadian CRE’s positive economic impacts in 2021: the generation of $148.4 billion in net contribution to the GDP; $67.5 billion in labour income for workers; and the creation/support of one million jobs (372,710 direct).”
Globe and Mail | Nov. 22, 2022

NAIOP Expects Growing Weakness in Office Demand

“The national office market absorbed 6.6 million square feet during the second and third quarters of 2022, but the vacancy rate continued its climb to 17.1%, the highest level since the third quarter of 1993, according to the NAIOP’s Office Space Demand Forecast for the fourth quarter of 2022 published by the NAIOP Research Foundation.”
CoStar | Dec. 12, 2022