NEW YORK, May 19, 2014 /PRNewswire/ — Trepp LLC, a leader in commercial real estate information and analytics, and the International Council of Shopping Centers (ICSC) announced today the release of the Center Benchmarks survey results. The Center Benchmarks survey collected 2012 income and expense data from shopping centers in the United States and was developed to provide commercial real estate practitioners with a reliable source for evaluating shopping center performance.
Over 900 Benchmark Reports are available for download, segmented by state, MSA, submarket, and shopping center type. The reports cover data from 43 states, 150 MSAs, and 123 submarkets, and are divided into eight shopping center types. Each Benchmark Report includes data on Income and Expenses, Revenue and NCF, and Operating Expenses, as well as Tenant and Sales data when available.
Center Benchmark Reports are a reliable source for commercial real estate participants to develop budgets and operating strategies, evaluate and report on their asset performance, identify historical trends, and analyze acquisition opportunities. By aggregating the data provided by the Center Benchmarks survey participants with shopping center data from Trepp's database of more than 10,000 properties, industry practitioners can acquire the information necessary to improve individual operational efficiency.
Members of ICSC have free access to over 50 Regional Benchmark Reports. Subscriptions are also available for purchase. Benchmark Reports can be accessed at www.centerbenchmarks.com. Members at the ICSC RECON 2014 show in Las Vegas can stop by booth #215 in the Marketplace Mall and learn more.
About ICSC
Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 58,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world. For more information, visit www.ICSC.org.
About Trepp, LLC
Trepp, LLC, founded in 1979, is the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets. Trepp provides primary and secondary market participants with the web-based tools and insight they need to increase their operational efficiencies, information transparency and investment performance. From its offices in New York, San Francisco and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance and portfolio management. Trepp is wholly-owned by DMG Information, the information publishing division of the Daily Mail and General Trust (DMGT). For more information, visit www.Trepp.com.
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Joe McBride, Research Analyst
Trepp LLC
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212-754-1010
Great Ink Communications
Eric Gerard, Lindsay Church
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212-741-2977