Randy Anderson, the Howard Phillips Eminent Scholar Chair and professor of Real Estate, has been very busy lately. He co-authored the newly released Industrial Space Demand Forecast, the fourth study released by the NAIOP Research Foundation, which analyzes important economic factors and net absorption data to predict future demand for industrial real estate.
According to the forecast, the demand for industrial space will grow at an annualized rate of 1.09 percent during the fourth quarter of 2011, which is at the low end of the normal range. Increasing rates of growth are expected to begin to occur into 2012. Anderson co-wrote the forecast with Hany Guirguis of Manhattan College. Read the full report.
In addition, Anderson served as the keynote speaker at the recent Realtors Commercial Alliance (RCA) conference in Miami. He addressed many real estate topics in his presentation, including retail, office, industrial and multi-family sectors.