Mapping the Comps

Today was a day for comps...both residential and office (Brant has the retail). Because I am a visual guy, I decided to put the comps on the map with a description of each unit. Our numbers come out to be very close to what we assumed woudl be the going rate.

Most residential units are commanding a $1.10-$1.20 PSF; our best case scenario is going to include $1.15 PSF.

Residential Maps

Our office space came out to be slightly less that what we predicted, at around $.90-$1.10 PSF; this is too far off what we want to be for Best Case, therefore, as predicted, most units will not rent as office.

Office Map

Brant was in charge of retail comps, of which he also sent them to me in a map (sorry, no link).