Catylist, an Ann Arbor-based commercial real estate technology provider, has launched Commercial Exchange, a national commercial real estate platform that allows users to search sale and lease availabilities sourced from brokers in Catylist’s network of more than 50 commercial real estate platforms.
The platform only includes listings that were recently verified.
Through a partnership with Moody’s Analytics, a New York-based company that offers financial intelligence and analytical tools, each listed property includes a commercial location score, which allows investors, lenders, and developers evaluate each parcel’s suitability and potential across five commercial property asset classes – office, retail, multi-family housing, industrial, and hotel. Each numeric score takes into account business vitality, economic prosperity, amenity, spatial demand, transportation, and safety.
“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,” says Allen Benson, chief information officer of Catylist. “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.”
The platform offers reports for any property in the country and built-in search engine optimization.
Commercial Exchange is free to search and connects users with listing agents. Commercial real estate professionals can post an unlimited number of listings and have access to additional data with no contracts or minimum user requirements for $99 per month.
The platform is available here.