Analyzing Commercial Real Estate Market and Property Data: Techniques for the Classroom Using CoStar Information Services

摘要

CoStar Group is the largest research organization serving commercial real estate. Its database contains information on commercial properties, tenants and transactions. This paper presents examples of common methods for analyzing real estate markets that can be done by students using the CoStar database. The goal is to highlight how students can utilize data in real estate decision-making. We use examples that feature increasing levels of complexity. Some of the results are interesting findings, in and of themselves, including the differential performance of building owners/operators. We find that some owners/operators consistently undeiperform the market while others consistently outperform the market.