AI expected to boost demand for US industrial, office, retail space by 12% in next decade
AI expected to boost demand for US industrial, office, retail space by 12% in next decade
Publish Date: 2026-05-08 19:42:00
Source Domain: www.costar.com
Here are some highlighted points from the article:
– A new report by Cushman & Wakefield projects that AI productivity will increase the demand for U.S. commercial real estate by approximately 12% over the next decade, adding around 330 million square feet of industrial, office, and retail space.
– The firm’s baseline scenario, which carries a 50% probability of being accurate, suggests considerable gains despite the uncertainty surrounding AI’s economic impact.
– The expected demand surge is largely attributed to industrial sectors, particularly warehouses and distribution centers related to logistics and manufacturing, rather than data centers.
– The forecast anticipates a bifurcated office real estate sector, where demand will pivot toward high-quality, adaptable spaces alongside slow overall job growth.
– Despite the significant investments in data centers, the report indicates a ripple effect in commercial property types due to AI.
For more detailed insights, please refer to the original publication by Cushman & Wakefield.
