Similar to real estate, GIS is all about “location, location, location.” GIS data is designed to capture, manage, and display geographical information about specific sites to be used for informed decision making. Therefore, Telecommunications infrastructure data in a GIS format helps commercial real estate professionals analyze, report, map, and model the merits of one site or location over another.
As a commercial real estate developer, telecom GIS data helps determine where to build new properties by offering the means to analyze the extent of communications services in the area, as well as the potential for future economic development. Because the financial markets have become much more volatile recently, location matters more than ever and telecom GIS data gives real estate developers the information they need to make profitable decisions.
According to a survey conducted by Comcast Business Class, Broadband is the most important selling point in the commercial real estate market, behind price, parking and location. The survey also noted that 61% of commercial building owners report that having advanced communications in their buildings provides them with a competitive advantage.
As a commercial real estate agent presenting your clients with a visual representation of all the telecommunications fiber and terrestrial and wireless broadband connectivity information of a building or a portfolio of buildings will help the agent determine if a particular building is suitable for supporting their client’s bandwidth and connectivity needs now and for the future.
The real estate industry uses telecom GIS data, cell tower maps, fiber maps, and other telecom maps to determine the best locations for new properties and to show potential tenants the extent of existing communications infrastructure. If you are interested in obtaining telecom GIS data to make informed decisions for commercial real estate, contact GeoTel Communications today at 800-277-2172.