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Appraisal

Asking Rents for Class A Office Buildings

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Asking Rents for Class A Office Buildings

When determining the value of an office building, appraisers benefit from understanding rents for comparable buildings. This map shows Class A rents for buildings in Baltimore.

 

 

 

One Year Change in Asking Rents

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One Year Change in Asking Rents

This map illustrates the way GIS combines place with time to understand trends in the commercial real estate market. Similar to a weather map that shows changes in temperature over time, this "heat map" conveys one-year changes in asking rents for the Baltimore market. Bright green areas, for example, experienced rising values, while areas in dark red experienced the deepest declines.

 

 

 

 

What is GIS?

A Geographic Information System (GIS) allows firms to visualize, understand, question, and interpret disparate data that reveal relationships and trends in the form of maps.

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