By InBusiness Phoenix
For the second year, the NAIOP Research Foundation has published the NAIOP Market Monitor, which evaluates office and industrial real estate markets using a two-dimensional analysis based on a metropolitan market’s size and its relative volatility – a departure from traditional commercial real estate market rankings.
Among the key findings this year:
- Office markets with commuter-reliant central business districts are still struggling to find their footing as they face low office utilization rates.
- Population migration continues to benefit industrial markets in the Sunbelt and Mountain West.