I'm looking for indexes that track the average price of different commercial properties, like a Case-Schiller index for office, multifamily, retail, etc. Anyone have a favorite, would appreciate any insight.
I don't have an index as much as I study the different regional markets and then clarify area in the regions (districts) that are no fly zones. Then I disqualified those bad areas. Then I take the market areas that are qualified and compare unit costs, ppsf, and other factors to learn the market. Once I have done that work it becomes easy to see what is and is not a good deal. I also offer what my analysis says to offer.
Hope this will help.
I don't think it exists. Too many variables, otherwise purchase CoStar.