ANN ARBOR, Mich.-Catylist, a commercial real estate (CRE) technology provider, announced the launch of Commercial Exchange – a national commercial real estate marketplace where users can search sale and lease availabilities sourced directly from brokers in Catylist’s network of 50+ local commercial real estate platforms in markets across the country.
Commercial Exchange focuses on the quality and timeliness of the information and includes only listings that have been recently verified.
Through a strategic partnership with Moody’s Analytics, each property listed on Commercial Exchange includes a Commercial Location Score, which allows CRE investors, lenders and developers to evaluate each parcel’s suitability and potential across the five major commercial property asset classes (office, retail, multi-family housing, industrial and hotel). Each numeric score takes into account component factors for the location including business vitality, economic prosperity, amenity, spatial demand, transportation and safety.
Commercial Exchange is free for the public to search and is optimized to connect searchers directly with listing agents. With a $99 a month subscription, CRE professionals can post an unlimited number of listings and get access to additional data, such as sales comparables with no contracts or minimum user requirements.
“Our goal with Commercial Exchange was to create a marketplace with reliable data and easy-to-use features that’s truly accessible to all, whether you’re a commercial real estate broker, an investor, or a tenant searching for available space,” said Catylist CIO Allen Benson. “There are a number of national CRE search engines out there, but none that provide accurate and timely information without a costly subscription. We created Commercial Exchange to fill that gap.”
Benefits of Commercial Exchange:
- Search quickly and efficiently on a map with radius and drawn shapes
- Access details and generate one-click reports for any property in the country
- Save searches and receive immediate property alerts
- Post unlimited listings and benefit from built-in search engine optimization
- View listing traffic and track leads
- Use any phone or mobile device
- Receive broadcast email from Catylist’s network of 50 markets nationwide
“We are pleased to work with Catylist to make our Commercial Location Score available to CRE market participants across the country through Commercial Exchange,” said Keith Berry, Head of the Moody’s Analytics Accelerator. “Our goal is to help brokers across the country tackle their toughest challenges and make better, faster decisions.”