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Updated almost 12 years ago on . Most recent reply

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297
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26
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Roc P.
  • Philly Area, PA
26
Votes |
297
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Question for the developers here

Roc P.
  • Philly Area, PA
Posted

How do the developers here gather data for a potential project. I know location is important, but what other date or trends are you looking for with regards to a deal. Thanks Roc

Most Popular Reply

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612
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189
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Simon Campbell
  • Miami, FL
189
Votes |
612
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Simon Campbell
  • Miami, FL
Replied

Your competitors can provide a basic indication of market demand and economic stability. But do not assume that you competitors are always correct. Or, if they are building office/medical, they may be building for an existing long-term lease client.

New construction is an indication of market stability for sure, but it is only one indicator.

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