There are several great resources for lease comps.
Traditional lease comps sources include:
On a monthly basis, Reis provides updated trends and forecasts of rent, vacancy, and inventory for Apartment, Office, Retail, Warehouse/Distribution and Flex/R&D properties in up to 200 metropolitan areas and more than 6,300 market segments.
Here is an example of REIS’s office rent comp report.
CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. The CoStar suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities.
Here is an example of CoStar’s Tenant report (see page 2).
CompStak is the world’s first comprehensive database of commercial lease information. CompStak gathers its information through a proprietary crowd-sourced model, which offers virtual currency for real estate professionals that provide information to CompStak and allows them to use this currency to acquire the data they need. By properly incentivizing the holders of this valuable information to provide it to CompStak’s database, CompStak enables a marketplace that makes the commercial real estate market more efficient for all participants. This model, combined with analyst review, results in an incredibly comprehensive and accurate database of lease information. Their comps are currently limited to New York City, San Francisco, Washington DC and Los Angeles.
Even with these 3 resources, many times brokers elect to collect and maintain their own lease comp database. The LeaseMatrix CompVault will help you do this more efficiently.