TREND FORECAST INFORMATION

Reliable historical trends and forecasts are the cornerstone of any accurate market analysis. There is no quicker way to get a detailed picture of supply and demand — past, present, and future — than by reviewing Reis's metro and submarket reports.

These reports contain historical, current, and forecasted rent, vacancy, and inventory; new construction and absorption; and economic and demographic trends. Metro or submarket variables are compared to the U.S. market as a whole and to the relevant geographic region.

Asking Rent Growth Rate Distribution

DETAILED SUBMARKET ANALYSIS

Submarket reports are particularly valuable because they alert investors to significant variations in performance among submarkets within a metro area.

Reis tracks over 2,500 competitive submarkets. Within a metro, submarket boundaries differ according to property type. In Los Angeles, for example, Reis publishes 70 submarkets across the five property types. Shown below is a map of the 21 office submarkets.




CONCESSION DATA

One factor that sets Reis's market research apart is concession information — often withheld by owners and brokers. For each competitive submarket in a metro area, Reis's submarket reports present vital concession data, including:

  • Discount on market rents
  • Free rent period
  • Tenant improvements
  • Operating expenses
  • Length of lease term
  • Leasing commission
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