CHICAGO - Bradford Allen Realty Services said it is expanding its market research reports for the suburban Chicago office market.
Starting in fourth quarter, the reports will provide greater insight into the current status and emerging trends in the suburban Chicago office market. "Our primary goal was to eliminate geographical outlier properties that can skew the accuracy of reported numbers," Joel Berger, senior managing director with Bradford Allen, says in a press release. "As Chicagoland expanded outward over the last two decades, each of the suburban submarkets began to include more remote areas that are not necessarily relevant or meaningful." Berger said that by creating a formula to eliminate the properties that skew the accuracy of the data, the new reports will offer more information that clients can use to make sound real estate decisions. In addition to refining the database and adjusting for the most relevant properties, these new reports offer details on five new "micro-markets" within the four major submarkets. When clients now review each of the major suburban submarkets, they will be able to see detailed information on a much more granular and actionable level. Bradford Allen is a Chicago-based national commercial real estate company provides brokerage services and expertise to entrepreneurial and corporate business entities as well as not-for-profit organizations.Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.