NAIOP Forecast: Strong Growth in Demand for Industrial Space
A new industrial space demand forecast, published by the NAIOP Research Foundation, projects total net absorption in 2021 to be 314.9 million square feet, with a quarterly average of 78.7 million square feet. In 2022, net absorption is projected to be 231.6 million square feet, with a quarterly average of 57.9 million square feet. According to…