SEATTLE--(BUSINESS WIRE)--In December of 2017, Dupre + Scott closed its doors and left a void in the greater Seattle market for apartment research. They were a trusted resource for the last 38 years to a diverse group of stakeholders that relied on that information: Institutional Lenders, City and County Housing Authorities and governmental entities, the University of Washington, major Developers, and the entire Commercial Real Estate brokerage community.
Commercial Analytics has been formed by several key industry professionals including: Brian O’Connor, MAI, CRE, of O’Connor Consulting Group, Candice Chevaillier of SVN Whitecap and Jim Bowles of Lee & Associates to replace and evolve this critical source of commercial real estate research.
Commercial Analytics has partnered with NavigatorCRE to provide research analytics for commercial real estate industry in the state of Washington. Initial offerings will include Multifamily research reports and analytics related to: Rent, Vacancy, Expense, Investment Sales and Development, serving the Tri-County Area (King, Pierce, Snohomish) as well as Kitsap and Thurston counties. A broader scope of geographic territories and other commercial property types such as industrial, office and retail are planned in the future.
The CA platform is built on NavigatorCRE, which is a Software as a Service (SaaS) product, custom built for the Commercial Real Estate (CRE) industry with proprietary technology that efficiently uploads, stores, filters and reports on data. NavigatorCRE is built and hosted on Microsoft’s Azure infrastructure, which allows data to be private, secure, and encrypted. The system streamlines the ability for owners, brokers and property managers to contribute data without sacrificing privacy. Further, it allows users to dynamically view a full spectrum of aggregated market analytics to enhance decision-making.
The Commercial Analytics team believes that when accurate commercial property data is widely available, it benefits all of those involved. With better information, owners, property management companies, developers and policymakers alike can make better decisions, drive operational efficiencies and investment value, create well-conceived public policy, and better serve our community of residents.
