Abstract: A simulation analysis was given on the current situation of Shenyang’s industrial real estate. Taking the influencing factors of industrial real estate as a whole， an integration analysis was made with the system dynamics model. In terms of the problems of land， capital， approving and property existing in Shenyang’s industrial real estate，several solutions were put forward so as to provide the theoretical basis for Shenyang municipal government to take macro-control over industrial real estate——establishing a unified market for urban and rural construction land， adjusting the structure of land supply， continuing to implement the intensive utilization of land; trying to explore the “several in one” regulatory mechanism， improve the service work and create a good soft environment; seeking a diversified financing approach by the government and the developers; and striving to increase the intensity of investment， perfecting the planning and designing， and clarifying the industry positioning.

Key words: industrial real estate, system dynamics model, simulation analysis, land supply, social economy