What Does Annual Effective Rent Growth & Baseball Have in Common?

What Does Annual Effective Rent Growth & Baseball Have in Common?

With the World Series underway, the Chicago Cubs’ home stadium of Wrigley Field is one of the few Major League ballparks to lie within a neighborhood. Reportedly, rooftop owners are charging an arm and a leg to watch the game. So what does the current rental landscape of this area and the surrounding neighborhoods look like? Axiometrics takes a deep dive into the market to see if there is a correlation between annual effective rent growth in the Windy City and Cubs performance.