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Benefits of O'Connor & Associates office building market data include:
- Office building owners can increase revenue by increase rental rates after comparing rental rates for their property with the rental rates for competing Houston area office buildings.
- Investors can increase acquisitions by targeting properties which fit their acquisition criteria. Information regarding both properties which are for sale and those which have sold are available.
- Office building investment brokers can utilize the ownership information to contact office building owners and use the statistical data reporting package to perform analysis for clients. Comparable sales data is available for some properties.
- Office building leasing agents can efficiently identify Houston area office space which meets a clients requirements. Office leasing brokers can search by location, rental rate, year of construction, building size, location, type of office property, and many other factors.
- Office building vendors can use the ownership information to focus their sales effort on the most appropriate office buildings.
- Office building owners and management companies can use the statistical reporting package to understand and analyze market status and trends. By reviewing both current market trends and construction which is currently underway and proposed, owners can gain insights into probable market trends for the next 12 to 24 months.
- Office building owners, brokers and management companies can compile data and reports for clients and internal reporting.
- Appraisers can use the data for rent comparables and to calculate submarket occupancy, rental rates, rental rate trends, absorption, and review properties proposed and under construction.
- Rental rates, occupancy, management company, leasing company and ownership information updated quarterly;
- Details on over 20 types of amenities such as on-site deli, covered parking, etc.;
- Ownership information including contact person, owner company, phone number, and address;
- Management company information including contact person, phone number and address;
- Historical data since 1999;
- Robust options to search for properties;
- 20 options for reports including a detail sheet for each property, rental rates by class, occupancy by class, absorption by class and many additional reports.
- Detail sheet
- Rental rates by class
- Occupancy rates by class
- Absorption by class