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Measuring Commercial Real Estate's Impact
Construction and development of commercial real estate generates significant economic benefits throughout the U.S. and Canada.
Economic Impacts of Commercial Real Estate, 2025 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
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 ReportsRelated Articles
Take a look at more information on the economy.
Bringing Portland Back From the Brink
A coalition of Oregon real estate organizations is working to change the city’s trajectory by influencing policy at multiple levels.
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NAIOP New Jersey: Standing Up for CRE and the Logistics Industry
NAIOP New Jersey is at the heart of Circulate NJ’s efforts to change the public discourse.
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Potential Tariff Impacts on Canadian CRE
Thinking through possible ramifications if a long-term trade war ensues between the U.S. and Canada.
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An Update on Commercial Real Estate’s Contribution to the U.S. Economy
Data center and retail construction picked up as office and industrial activity slowed.
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Will Construction Thrive or Dive in 2025?
An annual outlook survey suggests that contractors are cautiously optimistic about current-year prospects.
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What’s Working and What’s Not Working in CRE
An economist’s take on how we got here and what to watch in 2024.
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