sitefinder ® update melissa pasquale director, real estate january 16, 2008
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SiteFinderSiteFinder®® Update Update
Melissa PasqualeDirector, Real Estate
January 16, 2008
What is CERC?What is CERC?
Nonprofit organization incorporated in 1992
Specializing in:Economic DevelopmentMarketingResearch
ToolsTools
Business AssistanceSupporting business attraction, formation & expansion
Connecticut's Business Response Center – call center offering information on federal, state & local business assistance
Smart Start - state program to assist business owners with business registration, licensing & permitting
ProgramFinder® - online, searchable database of federal, state, regional, local & private business-assistance programs
CERC CERC SiteFinderSiteFinder®®
Free, Web-based searchable database, available to the public, economic development tool
Established in 1994 as an internal system – moved to web in 1998, upgrade to FastFacility-built platform in 2005
Still the most comprehensive list of available commercial real estate in Connecticut
Broker created, broker driven and broker controlled
Complements other commercial platforms
www.CTSiteFinder.comwww.CTSiteFinder.com
Total Members:Total Members: 149 149
Members Properties:Members Properties:2,4392,439
Total Associate Members:Total Associate Members: 493493
Associate Members Properties:Associate Members Properties:186186
Total AcresTotal AcresActive Sites: Active Sites:
7,709 7,709
Total Square Feet Total Square Feet Active Buildings:Active Buildings:
47,044,227 47,044,227
More than 550 reported More than 550 reported Success Stories over 11 yearsSuccess Stories over 11 years
Visitor Sessions:Visitor Sessions:461,236461,236
Average Searches Average Searches per Month:per Month:
5,7795,779
Average Length per Average Length per Visitor Session:Visitor Session:13 Minutes13 Minutes
Visitors Performing Visitors Performing Searches: Searches:
39% - User/Tenant39% - User/Tenant36% - Broker36% - Broker
Searches by Property TypeSearches by Property Type
23%
1%
8%
1%18%3%2%5%
12%
14%
13%
All Types Bio/ R&D Flex Incubator
Industrial/ Manufacturing Investment Medical Mixed Use
Office Retail/ Commercial Warehouse/ Dist.
2007 Stats2007 Stats
Thank You!Thank You!
For More Information Contact:For More Information Contact:
Melissa PasqualeMelissa PasqualeDirector, Real EstateDirector, Real [email protected]@cerc.com
www.CTSiteFinder.comwww.CTSiteFinder.com