Global Real Estate Intelligence
NAIOPReport

Industrial Space Demand Forecast, First Quarter 2025

The first-quarter forecast described cooling but still positive industrial demand, projecting continued net absorption through 2025. It tracked the moderation in warehouse leasing following the post-pandemic boom.

Industrial & LogisticsU.S. National
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NAIOP

Industrial Space Demand Forecast, First Quarter 2026

The forecast projects US industrial net absorption increasing through the first half of 2026 to 154.8 million sq ft and ending the full year at 345.9 million sq ft as economic conditions stabilize. Demand strengthened in the second half of 2025 with 128.7 million sq ft of net absorption.

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NAIOP

Office Space Demand Forecast, Fourth Quarter 2025

Net office absorption grew 19.8 million sq ft in the third quarter, the strongest quarter for office demand since 2022. The forecast projects fourth-quarter absorption of 20.5 million sq ft and a further 50.5 million sq ft of positive absorption for full-year 2026.

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NAIOP

Industrial Space Demand Forecast, Third Quarter 2025

The forecast projected nearly flat US industrial net absorption of 2.8 million sq ft over the second half of 2025 after a weak first half. It pointed to signs of stabilization following a challenging year for the sector.

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NAIOP

Office Space Demand Forecast, Second Quarter 2025

The forecast pointed to office demand continuing to rebound, projecting positive net absorption over the balance of 2025. It framed the office market as entering a normalization phase after years of contraction.

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GWL Realty Advisors

2026 Real Estate Market Perspectives: On the Cusp

The annual outlook reviews Canadian commercial real estate fundamentals and investment themes across the office, industrial, multifamily and retail sectors.

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Hard Assets in a Changing World

A thematic piece on private real estate and infrastructure as portfolio building blocks, citing low correlation to public assets and six-year-high institutional appetite for real estate in 2026. High-conviction themes span data centers, logistics, rental housing, and energy.

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