Commercial development metrics: Strong and still improving
- Published: Friday, 10 July 2015 16:17
- Written by Concrete News
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.”