NorthMarq

Our Capabilities

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NorthMarq uses locationally enabled software to develop world-class analytical solutions to an unlimited number of real estate questions across the nation. We can combine our data with a client’s customer, employee and/or revenue information to create visual aids to challenges such as new site location, disposition, development viability and the harvesting of labor pools. By creating a geographical visualization of complex ideas, we help minimize the explanation required to convey a concept. From high-resolution, large format prints to interactive web display, map animation and 3D modeling, NorthMarq’s GIS team is internally well equipped to meet demand in this dynamic field.

Examples of what we can create:

Demographic Profile: Using census data projections from third-party demographic data vendors, a demographic profile or report can be created for any target geography. Typical demographic variables can include, but are not limited to, population, household counts, income levels, home ownership, employment and business counts. Historical, current and projected data can be utilized to analyze markets, target prospects, or reveal various market opportunities. Demographics can be accentuated with the inclusion of psychographics, or lifestyle segmentation reports. Psychographics profile the lifestyles, motives and behaviors of a given population utilizing supplemental survey and marketing databases.

Thematic Map: A thematic map (also called a statistical or special purpose map) displays the spatial pattern of a theme or series of attributes. In contrast to reference maps, which show many geographic features (forests, roads, political boundaries, etc.), thematic maps emphasize spatial variation of one or a small number of geographic distributions. These distributions may be physical phenomena such as climate, or human characteristics such as population density and health issues.

Temporal Analysis: GIS provides a powerful visual format to view physical, demographic or economic changes over time. By having dates associated with spatial data we can literally make movies on a map to demonstrate these changes. Similar to building a cartoon with many slides, map animation demonstrates the pace of observed change and lends itself very well to many forms of real estate decision making with very little explanation necessary.

Cadastral Data Display: Tax, Ownership, Parcel Boundary and other unique property characteristics are part of the public domain in the United States and many parts of the world. In the Minneapolis-St. Paul area alone, there are more than 1 million parcel records that can be quickly called up for display. This granular level of data allows for multitudes of analyses when imported into locationally enabled software. The vast majority of the United States has been digitized and is continually updated in GIS-friendly formats. Leveraging this data is an integral part of evaluating land and its improvements.

Land Characteristics and Traffic Counts: Digitized versions of elevation, traffic counts, protected land classes, easements, etc. are also becoming more readily available and help to quickly identify developable characteristics of land and are excellent indicators of historical change or retail viability.

Spatial Registration of Imagery: Virtually any digital image can be referenced to a coordinate system such as latitude and longitude. Comparisons can quickly and economically be achieved.

Drive-Time/Distance Analysis: From retailers trying to understand the drive-time decay of their customer base to businesses wishing to understand the impact of a move to their employees, drive-time and distance analyses supply powerful evidence to support decision making.