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Emsi Launches Location Economics Team to Aid Businesses, Communities in Site Selection Process

September 25, 2017 by Joshua Wright

Emsi is excited to announce the launch of a new location economics team headlined by Dr. Wayne Gearey that will provide industry-leading site selection analysis to business and communities.

Dr. Wayne Gearey

Gearey, a leading expert in the field of site selection and location economics, is the former chief data scientist for JLL’s award-winning global location intelligence team. He will be joined by expert commercial real estate (CRE) site selection analysts, Samantha Wriker and Ryan Chambers, as well as economic analyst Eric Walker and account executive Doug Heckman.

The location economics team will combine extensive experience in site selection analysis with Emsi’s comprehensive database of regional workforce and economic data to produce unparalleled insight in location intelligence.

The new team is a natural extension of Emsi’s vision to connect and inform people, education, and business. The location economics team will use the most advanced data and geographic information system (GIS) tools to help business find locations to match their aspirations.

Location Economics Is the New Science for Advanced Site Selection

Site selection is the search for the most favorable location for operational and financial success. Traditionally, site selection has been a process built on formidable relationships, local expertise, and handshakes. However, in today’s hyper-local, connected global economy, the workforce is increasingly nimble. Site selection, in turn, is rapidly evolving, and Emsi plans to lead the charge with new spatial data models that provide rich location intelligence on an easy-to-use GIS platform.

Location economics brings the best of location intelligence and CRE econometric data to determine the potential for future business success by analyzing the “location of things.” Every company, even companies within the same industry, has unique requirements for success.

Emsi’s team will build client-specific solutions across a variety of industries, markets and regions. Through a deep understanding of business ecosystems, we can map and analyze information across interconnected economic influences such as culture, lifestyle, demographics, health care, cost of living, crime, education, economic climate, and labor.

What Sets Us Apart

We use a variety of established and custom-designed GIS tools in combination with the best in class data sets, business intelligence and data visualization tools. Our mixed-method approach to performing geostatistical, contextual, qualitative and quantitative analysis to rank and compare markets that uncovers a precise, client-specific geography of opportunity is unparalleled.

We can create unique site selection solutions for a variety of business lines and clients in any industry or region across the world. Every analysis consists of key market indicators, analytical models, and data sets that are selected for customized support in location decisions.

For more information, please visit economicmodeling.com/CRE. Subscribe to the Emsi newsletter here, and follow us on Twitter at @desktopecon.

Joshua Wright

Reach out at jwright@economicmodeling.com

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