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About the Authors | |
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Case Study Authors | |
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Other Contributors and Reviewers | |
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Preface | |
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Understanding Real Estate Market Analysis | |
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What Is Real Estate Market Analysis? | |
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Generation of Ideas | |
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Different from Toothpaste | |
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Who Uses Market Analysis? | |
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How Does Market Analysis Fit into the Development Process? | |
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The Feasibility Study | |
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The New Demographics and the Need for Qualitative Research | |
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Psychographics: The Search for Segmentation | |
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Political Homework: Marketing for Entitlements | |
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Why Hasn't Anyone Else Thought of This? | |
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Summary | |
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Book Outline | |
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Basic Approach to Real Estate Market Studies | |
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Defining the Market Area | |
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Primary and Secondary Trade Areas | |
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Competitive Clusters | |
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Analyzing Demand | |
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Economic Indicators | |
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Using Employment Statistics | |
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Visitor Profiles and Tourism Trends | |
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Consumer Demographics | |
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Demographic Data Sources | |
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Psychographics: Portraying Household Lifestyles | |
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Using Consumer Surveys | |
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Using Quantitative Research | |
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Qualitative Research | |
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Analyzing Supply | |
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Supply Overview | |
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The Importance of Fieldwork | |
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Mapping the Competition | |
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Marketability Analysis | |
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Assessing the Site's Advantages and Disadvantages | |
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Comparing the Subject with Its Competition | |
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Will Demand Be Sufficiently Strong? | |
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Capture Rates | |
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Determining Supply/Demand Balance | |
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Absorption Rates | |
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Residential Development | |
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Development Types | |
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Characteristics of Single-Family Homes | |
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Characteristics of Multifamily Homes | |
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Residential Market Analysis | |
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Identifying the Market Area | |
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Demand Factors | |
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Supply Factors | |
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Sources of Data | |
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Special Niches | |
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Low- and Moderate-Income Housing | |
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Independent Living Seniors' Rental Housing | |
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Seniors' Housing | |
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Second-Home Markets | |
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Overview of Case Studies | |
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Multifamily Housing: Colinas Gateway (1998) | |
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For-Sale Subdivision Housing: The McCall Tract (1997) | |
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A Master-Planned Community: Silver Knolls (1998) | |
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Downtown Housing: Old Town Square (1995) | |
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Office and Industrial Development | |
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Characteristics of Office Buildings | |
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Class | |
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Location | |
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Size and Flexibility | |
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Use and Ownership | |
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Features and Amenities | |
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Characteristics of Industrial/Warehouse Buildings | |
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Analyzing Office and Industrial Space Markets | |
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From Macro to Micro Analysis | |
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Market Area Definition | |
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Site Selection | |
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Demand Analysis for Office Development | |
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Supply Analysis for Office Development | |
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Demand Analysis for Industrial Space | |
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Supply Analysis for Industrial Space | |
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Sources of Data | |
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The Integration of Demand and Supply Analyses | |
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Marketablity Analysis | |
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Market Share and Absorption | |
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Overview of Case Studies | |
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Office Building Purchase: Suburban Chicago (1997) | |
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Warehouse Property: Valwood (1998) | |
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Flex/R&D Property: Peachtree Industrial Park (1998) | |
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Retail Development | |
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Types of Shopping Centers | |
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Store Mix in Shopping Centers | |
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Retail Market Analysis | |
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The Importance of Key Tenants | |
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Trade Areas and Market Segments | |
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Purchasing Power | |
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Forecasting Sales | |
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Location Decisions | |
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Sources of Data | |
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Shaping the Character of the Center | |
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Overview of Case Studies | |
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A Value-Retailing Center: La Cantera (1992) | |
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Street Retail: Granby Street District, Downtown Norfolk (1998) | |
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Retail Entertainment Center: The Lake at Riverdale | |
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Town Center: Wilanow, Warsaw, Poland (2000) | |
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Hotels and Resorts | |
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Product Types | |
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Convention Hotels | |
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Luxury Hotels | |
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Commercial Hotels | |
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Budget/Economy Facilities | |
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All-Suite or Residence Hotels | |
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Executive Conference Centers | |
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Resort Hotels | |
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Other Hotel Products | |
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Hotel Market Analysis | |
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Determining the Market Area | |
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Demand Segments | |
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Fluctuations in Demand | |
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Measuring Demand | |
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Demand Generators | |
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Competitive Supply | |
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Demographics and Psychographics | |
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Synthesis of Demand and Supply | |
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Sources of Data | |
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Overview of Case Study | |
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A New Hotel: Downtown Austin (1997) | |
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Mixed-Use Developments | |
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Three or More Significant Revenue-Producing Uses | |
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Physical and Functional Integration | |
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Development in Conformance with a Coherent Plan | |
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Analyzing Market Potential of Mixed-Use Projects | |
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Residential | |
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Office | |
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Hotel | |
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Retail | |
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Specialized Uses | |
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Data and Analysis | |
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Marketability | |
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Case Study | |
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Mixed-Use Development: El Toro Military Base Reuse (1998) | |
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Sources of Data | |
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Market Forecast Sources | |
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Economic and Demographic Data Providers | |
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Directories | |
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Periodicals | |
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Glossary | |
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Index | |