NAIOP Wisconsin
NAIOP Wisconsin
735 N. Water Street
Suite 205
Milwaukee
Wisconsin
53202
43.039481,-87.909645
53202
NAIOP Vancouver
NAIOP Vancouver
102 - 211 Columbia Street
Vancouver
BC V6A 2R5
49.283034,-123.102338
V6A 2R5
Business Trends
Business/Trends
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Perspectives
Perspectives
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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 square
Total net absorption in 2021 is forecast to be 314.9 million square feet with a quarterly average of 78.7 million square feet.
About a third of the suburban office developers responding to a recent NAIOP survey have already added parking to existing properties; even more expect parking ratios to rise in the future.
Increasing demand for cloud-based services is fueling data center leasing activity.