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A composite measure of commercial real estate investment performance, based on data submitted by institutional investors, tracks market trends across various property types, including office, industrial, retail, and apartments. This aggregated data provides valuable insight into capital flows, valuation changes, and overall market health within the institutional real estate sector. For example, a rising index might indicate increasing property values and strong investor confidence.

This benchmark serves as a crucial tool for institutional investors, portfolio managers, and researchers to gauge market performance, compare investment strategies, and analyze historical trends. It provides a standardized framework for evaluating the success of real estate portfolios and informing investment decisions. Historical data from this index offers a valuable perspective on long-term market cycles and the impact of economic events on commercial real estate.

9+ Norridge, IL Property Index #4815 N Knight Ave Details

This unique identifier refers to a specific parcel of land located at 4815 North Knight Avenue in Norridge, Illinois. Such identifiers are essential for various administrative, legal, and financial purposes related to real estate. They allow for precise identification of a property, distinguishing it from others in the same area. This specific designation plays a critical role in property tax assessment, title searches, and other official records.

The ability to accurately pinpoint a property is crucial for maintaining organized land records and facilitating smooth transactions. This numerical designation allows municipalities, government agencies, and private individuals to efficiently access information regarding ownership, zoning regulations, and property valuations. Historically, standardized systems of property identification evolved alongside the development of modern urban planning and property rights. The use of such precise identifiers fosters transparency and clarity in real estate dealings, minimizing disputes and ensuring accurate record-keeping.