2019 Economic Impacts of Commercial Real Estate

In 2018, commercial real estate generated $325.9B in salaries and wages and supported a total of 8.3M new and existing jobs.

Also, California was in the Top 5 states for development value in the office, industrial, and retail commercial real estate sectors.

Take a look at this video, which summarizes NAIOP’s findings in their “Economic Impacts of Commercial Real Estate, 2019 Edition”.

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