Thank you to all who attended Moody’s Market Update Recap. We were joined by Chris Allen (National Director of Analytics, REDI ) and Allen Benson (Chief Information Officer, Moody’s Analytics) for an in-depth look at Wisconsin’s Market Statistics.
Here are a few takes aways.
The office market is the most “unknown” market. Milwaukee Tool helped decrease the vacancy rate.
Amazon is one of the largest tenants within Industrial. They are about 40% build/60% lease for space.
A lot of “ready to use” buildings that were vacated as being leased as is. There has not been a lot of new construction, there is a lot of remodeling.
New Features with Moody’s Integration
REIS is the nation’s most trusted source for property and market intelligence, including vacancy rates, rent levels, cap rates, new construction, rent comparables, sales comparables, valuation estimates, and capital market trends. Reis maintains a proprietary database containing detailed information on commercial real properties in neighborhoods and metropolitan markets throughout the U.S. The database contains information on apartment/multifamily, retail, office, industrial, warehouse/distribution, flex/R&D, hotel/hospitality, self-storage, seniors housing, student housing, and affordable housing properties.
These REIS reports will be integrated into the Catylist database. REIS Reports now available right from your Catylist Login.
Contact the Catylist team at 800-574-9183 x803 if you have any questions or wish to hear more about the CARW Commercial Data Exchange in partnership with REDICatylist/Moody’s.
Click HERE for link to video and slides.