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Office Space Demand Forecast, Fourth Quarter 2024
Thursday, December 12, 2024
Net office space absorption in the fourth quarter of 2024 is expected to be 9.4 million square feet, with another 10.8 million square feet of positive absorption for the full year in 2025 and 3.9
Office Space Demand Forecast, Fourth Quarter 2021
Wednesday, November 17, 2021
Although office net absorption remained negative throughout 2021, it is gradually climbing toward the positive side of the scale. Total net absorption in the third quarter of 2021 was -5.2 million
Office Space Demand Forecast, Second Quarter 2020
Thursday, May 28, 2020
Due to the turmoil in the national economy, rising unemployment and continued uncertainty about future work arrangements, the U.S. office market absorption is forecast to decline into negative
Office Space Demand Forecast, Second Quarter 2016
The national office market is forecast to absorb approximately 34.6 million square feet of space in 2016, down from 62.1 million square feet in 2015, as economic growth flattens in the U.S.,Office Space Demand Forecast, Second Quarter 2017
As the economy improves, so does the forecast for net absorption of office space. According to Dr. Hany Guirguis, Manhattan College, and Dr. Joshua Harris, University of Central Florida, the forecastOffice Space Demand Forecast, Second Quarter 2018
The U.S. office markets averaged just 4.4 million square feet of positive net absorption over the past two quarters; specifically, 7.4 million square feet were absorbed in the fourth quarter of 2017Office Space Demand Forecast, Fourth Quarter 2019
The U.S. office market continues to perform as expected, with an average of 14.7 million square feet absorbed per quarter in 2019. Overall employment growth remains steady and is especially robust inOffice Space Demand Forecast, Fourth Quarter 2018
The U.S. office market posted solid net absorption levels in the second and third quarters of 2018 of 18.0 million and 11.0 million square feet, respectively. This level of new leasing is likely dueOffice Space Demand Forecast, Second Quarter 2019
The U.S. office market continues to expand ahead of forecast, posting 18 million square feet of net absorption in the fourth quarter of 2018 and 11 million square feet in the first quarter of 2019.Office Space Demand Forecast, Fourth Quarter 2016
As the final quarter of 2016 unfolds, Dr. Hany Guirguis, Manhattan College, and Dr. Joshua Harris, University of Central Florida, project that the U.S. office market will post approximately 33.0Industrial Space Demand Forecast, First Quarter 2026
Wednesday, March 4, 2026
The NAIOP Industrial Space Demand Forecast projects that net absorption will continue to increase through the first half of 2026 to 154.8 million square feet and end the full year at 345.9 million
Research Foundation
Be a forerunner of industry knowledge by reading the Research Foundation's reports on important industry topics such as emerging technology, property conversions, space demand and logistical trends.The Forces Shaping Office Space Demand Webinar
NAIOP webinars deliver expert insights into the latest research and trends to help you make informed business decisions. Webinars are free for NAIOP members. Nonmembers can register for a smallIndustrial Space Demand Forecast, Third Quarter 2016
Tuesday, August 23, 2016
The U.S. economy in the first half of 2016 can be characterized as slowing but still growing, as GDP registered a revised 0.8 percent annualized growth rate in the first quarter and 1.2 percent in
Industrial Space Demand Forecast, First Quarter 2017
Thursday, February 23, 2017
The forecast for 2017 calls for quarterly net absorption to average approximately 64 million square feet, a level similar to that realized in 2016. The model, run quarterly by Dr. Hany Guirguis,
Industrial Space Demand Forecast, Third Quarter 2017
Wednesday, August 23, 2017
After a slow start in the first quarter of 2017, the U.S. economy appears to be back in expansion mode with GDP growing at an annualized rate of 2.6 percent in the second quarter. Job creation has
Industrial Space Demand Forecast, First Quarter 2021
Total net absorption in 2021 is forecast to be 314.9 million square feet with a quarterly average of 78.7 million square feet.Industrial Space Demand Forecast, Third Quarter 2021
Demand for industrial real estate continues to be strong as the long-term trend toward e-commerce (and away from in-store sales) continues with no end in sight. With nearly 100 million new squareIndustrial Space Demand Forecast, Third Quarter 2022
Wednesday, August 17, 2022
The forecast authors, Drs. Hany Guirguis and Michael Seiler, expect the still-hot industrial market to cool, and predict that the net absorption rate will continue to decline until it returns to the
Industrial Space Demand Forecast, First Quarter 2023
Wednesday, March 1, 2023
Despite rising interest rates and growth in the supply of new space entering the market, the outlook for industrial real estate remains bright as supply chain conditions steadily improve. Low
