Study Claims Certifying Connectivity Performance Helps Increase Office Rents

Class-B office buildings can compete with newer properties for tenants and generate higher rents if they offer first class connectivity, according to a new report from research firm CoStar Portfolio Strategy that looked at how WiredScore Certification, a third-party evaluation system for rating a building’s Internet connectivity performance and infrastructure, impacts rents and occupancy in Manhattan. CoStar and WiredScore have been collaborating as data partners since 2014, according to CRE Tech.

To read more: National Real Estate Investor