America’s favorite time of the year is finally here, football season. This year college football gives us a lot to look forward to. The 2014-2015 season will be the first season a playoff system is used to decide the champion and as if that doesn’t bring enough excitement, the AP Preseason Football Rankings being released surely did so. CBC corporate wanted to join in on all the excitement by creating rankings of its very own. This year’s rankings consist of three of the top college conferences, the ACC, Big 10 and SEC. However, rather than rank these schools based on their sporting capabilities, CBC took a commercial real estate approach. Each school was ranked based on the rentable building area (RBA) in the Office sector of the CoStar market the school is located in.
Last week we ranked the ACC. Here are the Big 10 Office Market Rankings:
- Maryland
- Northwestern
- Rutgers
- Michigan
- Minnesota
- Ohio State
- Michigan State
- Wisconsin
- Nebraska
Indiana, Purdue, Illinois, Iowa, Penn State did not rank because there were no CoStar markets available in their locations.
The Big 10 rankings show a similar pattern to the ACC’s. In a conference where Maryland could only dream about being number one due to many factors, one of them being their smaller size in a conference among larger schools, did not apply here. Conversely, in CBC’s office market rankings, Maryland’s “disadvantages” work to its advantage. The University of Maryland is located in the Washington, D.C area market explaining the large number of office square footage. CBC’s rankings using CoStar markets data show that universities in or nearby big metro cities like Maryland and Northwestern come out clear in these rankings both with RBA’s over 460,000,000.
By Julie Allison, Intern, Coldwell Banker Commercial Affiliates
CBC Corporate Blog
