In 2014, office, retail, health care and distribution facility developers logged their best year since 2007, and saw overall commercial real estate industry economic contributions jump 40 percent from the prior year—the largest gain since market recovery began in 2011. The upbeat figures are part of the NAIOP Research Foundation’s annual state of the industry report, “The Economic Impacts of Commercial Real Estate.”
Source: NAOIP, The Commercial Real Estate Development Association, Washington, D.C.
In 2014, office, retail, health care and distribution facility developers logged their best year since 2007, and saw overall commercial real estate industry economic contributions jump 40 percent from the prior year—the largest gain since market recovery began in 2011. The upbeat figures are part of the NAIOP Research Foundation’s annual state of the industry report, “The Economic Impacts of Commercial Real Estate.”
Read MoreThe commercial real estate development industry grew at the strongest pace since the economic recovery began in 2011, according to “The Economic Impacts of Commercial Real Estate,” an annual state of the industry report from the NAOIP Research Foundation, Washington, D.C. Author Dr. Stephen S. Fuller, director of George Mason University Center for Regional Analysis, finds the economic impact attributable to nonresidential development, which rose 24 percent over the previous year—the largest gain since the sector began to recover in 2011.
Read MoreSource: NAOIP Research Foundation, Washington, D.C.
The commercial real estate development industry grew at the strongest pace since the economic recovery began in 2011, according to “The Economic Impacts of Commercial Real Estate,” an annual state of the industry report.
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